Jiangsu Tianmu Lake TourismLtd Dividend
Dividend criteria checks 4/6
Jiangsu Tianmu Lake TourismLtd is a dividend paying company with a current yield of 3.48% that is well covered by earnings.
Key information
3.5%
Dividend yield
71%
Payout ratio
Industry average yield | 1.8% |
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 in 3Y | 2.3% |
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) | 3.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Hospitality) | 1.8% |
Analyst forecast in 3 Years (603136) | 2.3% |
Notable Dividend: 603136's dividend (3.48%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 603136's dividend (3.48%) is in the top 25% of dividend payers in the CN market (2.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71%), 603136's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.4%), 603136's dividend payments are well covered by cash flows.