Tungkong Dividend
Dividend criteria checks 5/6
Tungkong is a dividend paying company with a current yield of 3.76% that is well covered by earnings.
Key information
3.8%
Dividend yield
88%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.260 |
Earnings per share | CN¥0.30 |
Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002117's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002117's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tungkong Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002117) | 3.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Commercial Services) | 1.7% |
Analyst forecast in 3 Years (002117) | 4.6% |
Notable Dividend: 002117's dividend (3.76%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002117's dividend (3.76%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.5%), 002117's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.2%), 002117's dividend payments are covered by cash flows.