Beijing GeoEnviron Engineering & Technology Dividend
Dividend criteria checks 3/6
Beijing GeoEnviron Engineering & Technology is a dividend paying company with a current yield of 2.14% that is well covered by earnings.
Key information
2.1%
Dividend yield
36%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Earnings per share | CN¥0.28 |
| Dividend yield forecast in 3Y | 4.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603588 has been paying a dividend for less than 10 years.
Growing Dividend: 603588's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Beijing GeoEnviron Engineering & Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603588) | 2.1% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Commercial Services) | 1.7% |
| Analyst forecast in 3 Years (603588) | 4.0% |
Notable Dividend: 603588's dividend (2.14%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 603588's dividend (2.14%) is low compared to the top 25% of dividend payers in the CN market (2.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.9%), 603588's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.9%), 603588's dividend payments are well covered by cash flows.