China National Gold Group Gold JewelleryLtd Dividend
Dividend criteria checks 4/6
China National Gold Group Gold JewelleryLtd is a dividend paying company with a current yield of 2.68% that is well covered by earnings.
Key information
2.7%
Dividend yield
57%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.62 |
Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 600916 has been paying a dividend for less than 10 years.
Growing Dividend: 600916's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
China National Gold Group Gold JewelleryLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600916) | 2.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Luxury) | 3.0% |
Analyst forecast in 3 Years (600916) | 5.4% |
Notable Dividend: 600916's dividend (2.68%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600916's dividend (2.68%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.6%), 600916's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.1%), 600916's dividend payments are thoroughly covered by cash flows.