Shanxi Huaxiang Group Dividend
Dividend criteria checks 4/6
Shanxi Huaxiang Group is a dividend paying company with a current yield of 3.06% that is well covered by earnings.
Key information
3.1%
Dividend yield
33%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.96 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603112 has been paying a dividend for less than 10 years.
Growing Dividend: 603112's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Shanxi Huaxiang Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603112) | 3.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (603112) | n/a |
Notable Dividend: 603112's dividend (3.06%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603112's dividend (3.06%) is in the top 25% of dividend payers in the CN market (2.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), 603112's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.2%), 603112's dividend payments are covered by cash flows.