Jiangxi First Hydraulic Dividend
Dividend criteria checks 3/6
Jiangxi First Hydraulic is a dividend paying company with a current yield of 0.81% that is well covered by earnings.
Key information
0.8%
Dividend yield
20%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.93 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301446's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301446's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Jiangxi First Hydraulic Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301446) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (301446) | n/a |
Notable Dividend: 301446's dividend (0.81%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301446's dividend (0.81%) is low compared to the top 25% of dividend payers in the CN market (2.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.8%), 301446's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.1%), 301446's dividend payments are well covered by cash flows.