Anhui Jiuhuashan Tourism Development Dividend
Dividend criteria checks 2/6
Anhui Jiuhuashan Tourism Development is a dividend paying company with a current yield of 2.48% that is well covered by earnings.
Key information
2.5%
Dividend yield
49%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.790 |
Earnings per share | CN¥1.60 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603199 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603199's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Anhui Jiuhuashan Tourism Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603199) | 2.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Hospitality) | 1.8% |
Analyst forecast in 3 Years (603199) | 3.0% |
Notable Dividend: 603199's dividend (2.48%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603199's dividend (2.48%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.2%), 603199's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (105.5%), 603199's dividend payments are not well covered by cash flows.