Jiangsu Tianmu Lake TourismLtd Dividend
Dividend criteria checks 4/6
Jiangsu Tianmu Lake TourismLtd is a dividend paying company with a current yield of 3.65% that is well covered by earnings.
Key information
3.6%
Dividend yield
74%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.370 |
| Earnings per share | CN¥0.51 |
| Dividend yield forecast | 2.4% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603136 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603136's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Jiangsu Tianmu Lake TourismLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603136) | 3.6% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Hospitality) | 1.9% |
| Analyst forecast (603136) (up to 3 years) | 2.4% |
Notable Dividend: 603136's dividend (3.65%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 603136's dividend (3.65%) is in the top 25% of dividend payers in the CN market (2.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.1%), 603136's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.4%), 603136's dividend payments are well covered by cash flows.