Changjiang & Jinggong Steel Building (Group) Dividends and Buybacks
Dividend criteria checks 4/6
Changjiang & Jinggong Steel Building (Group) is a dividend paying company with a current yield of 2.01% that is well covered by earnings.
Key information
2.0%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 23.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Payout ratio | 24% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600496's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600496's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Changjiang & Jinggong Steel Building (Group) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600496) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Construction) | 3.1% |
| Analyst forecast (600496) (up to 3 years) | 1.5% |
Notable Dividend: 600496's dividend (2.01%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600496's dividend (2.01%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.2%), 600496's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.9%), 600496's dividend payments are thoroughly covered by cash flows.