Zhongman Petroleum and Natural Gas GroupLtd Dividend
Dividend criteria checks 2/6
Zhongman Petroleum and Natural Gas GroupLtd is a dividend paying company with a current yield of 1.4% that is well covered by earnings.
Key information
1.4%
Dividend yield
12%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.94 |
Dividend yield forecast in 3Y | 2.7% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603619 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603619's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Zhongman Petroleum and Natural Gas GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
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Company (603619) | 1.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Energy Services) | 1.9% |
Analyst forecast in 3 Years (603619) | 2.7% |
Notable Dividend: 603619's dividend (1.4%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 603619's dividend (1.4%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12%), 603619's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (174.1%), 603619's dividend payments are not well covered by cash flows.