Beijing Tieke Shougang Rail Way-Tech Dividend
Dividend criteria checks 3/6
Beijing Tieke Shougang Rail Way-Tech is a dividend paying company with a current yield of 2.15% that is well covered by earnings.
Key information
2.2%
Dividend yield
46%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.98 |
Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688569 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688569's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Beijing Tieke Shougang Rail Way-Tech Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688569) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (688569) | 3.6% |
Notable Dividend: 688569's dividend (2.15%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 688569's dividend (2.15%) is low compared to the top 25% of dividend payers in the CN market (2.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), 688569's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.2%), 688569's dividend payments are well covered by cash flows.