CSD Water Service Dividend
Dividend criteria checks 4/6
CSD Water Service is a dividend paying company with a current yield of 3.11% that is well covered by earnings.
Key information
3.1%
Dividend yield
27%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.192 |
| Earnings per share | CN¥0.70 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend 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 7 years.
Dividend Yield vs Market
| CSD Water Service Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603903) | 3.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Commercial Services) | 1.6% |
| Analyst forecast in 3 Years (603903) | n/a |
Notable Dividend: 603903's dividend (3.11%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603903's dividend (3.11%) is in the top 25% of dividend payers in the CN market (2.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.7%), 603903's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.5%), 603903's dividend payments are well covered by cash flows.