Jinhong Fashion GroupLtd Dividend
Dividend criteria checks 4/6
Jinhong Fashion GroupLtd is a dividend paying company with a current yield of 3.49% that is well covered by earnings.
Key information
3.5%
Dividend yield
-1.1%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 6.0% |
| Dividend Growth | 25.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.260 |
| Payout ratio | 33% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603518 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603518's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Jinhong Fashion GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603518) | 3.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Luxury) | 3.2% |
| Analyst forecast (603518) (up to 3 years) | 6.0% |
Notable Dividend: 603518's dividend (3.49%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 603518's dividend (3.49%) is in the top 25% of dividend payers in the CN market (2.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), 603518's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.3%), 603518's dividend payments are thoroughly covered by cash flows.