Shanghai Waigaoqiao Free Trade Zone Group Dividend
Dividend criteria checks 4/6
Shanghai Waigaoqiao Free Trade Zone Group is a dividend paying company with a current yield of 4.51% that is well covered by earnings.
Key information
4.5%
Dividend yield
52%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.410 |
Earnings per share | CN¥0.82 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600648's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600648's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shanghai Waigaoqiao Free Trade Zone Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600648) | 4.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Trade Distributors) | 3.5% |
Analyst forecast in 3 Years (600648) | n/a |
Notable Dividend: 600648's dividend (4.51%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 600648's dividend (4.51%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.2%), 600648's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600648 is paying a dividend but the company has no free cash flows.