Yangzhou Jinquan Travelling Goods Dividends and Buybacks
Dividend criteria checks 4/6
Yangzhou Jinquan Travelling Goods is a dividend paying company with a current yield of 2.42% that is well covered by earnings.
Key information
2.4%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 52.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.800 |
| Payout ratio | 66% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603307's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603307's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Yangzhou Jinquan Travelling Goods Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603307) | 2.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Leisure) | 1.8% |
| Analyst forecast (603307) (up to 3 years) | n/a |
Notable Dividend: 603307's dividend (2.42%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603307's dividend (2.42%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66%), 603307's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.8%), 603307's dividend payments are well covered by cash flows.