Jiangsu JIXIN Wind Energy Technology Dividend
Dividend criteria checks 2/6
Jiangsu JIXIN Wind Energy Technology is a dividend paying company with a current yield of 0.62%.
Key information
0.6%
Dividend yield
96%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.020 |
| Earnings per share | CN¥0.11 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601218 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601218 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Jiangsu JIXIN Wind Energy Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601218) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (601218) (up to 3 years) | n/a |
Notable Dividend: 601218's dividend (0.62%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 601218's dividend (0.62%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.2%), 601218's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.7%), 601218's dividend payments are thoroughly covered by cash flows.