CSD Water Service Dividends and Buybacks
Dividend criteria checks 4/6
CSD Water Service is a dividend paying company with a current yield of 2.79% that is well covered by earnings.
Key information
2.8%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 29.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.192 |
| Payout ratio | 61% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603903 has been paying a dividend for less than 10 years.
Growing Dividend: 603903's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| CSD Water Service Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603903) | 2.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Commercial Services) | 1.4% |
| Analyst forecast (603903) (up to 3 years) | n/a |
Notable Dividend: 603903's dividend (2.79%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603903's dividend (2.79%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.4%), 603903's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.5%), 603903's dividend payments are well covered by cash flows.