ZJMI Environmental Energy Dividend
Dividend criteria checks 3/6
ZJMI Environmental Energy is a dividend paying company with a current yield of 4.83% that is well covered by earnings.
Key information
4.8%
Dividend yield
39%
Payout ratio
| Industry average yield | 6.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.77 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603071 has been paying a dividend for less than 10 years.
Growing Dividend: 603071's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| ZJMI Environmental Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603071) | 4.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Oil and Gas) | 6.1% |
| Analyst forecast in 3 Years (603071) | n/a |
Notable Dividend: 603071's dividend (4.83%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603071's dividend (4.83%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), 603071's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603071 is paying a dividend but the company has no free cash flows.