Jiangxi Jovo Energy Dividend
Dividend criteria checks 3/6
Jiangxi Jovo Energy is a dividend paying company with a current yield of 2.91% that is well covered by earnings.
Key information
2.9%
Dividend yield
33%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥2.15 |
| Dividend yield forecast in 3Y | 2.7% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605090 has been paying a dividend for less than 10 years.
Growing Dividend: 605090's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Jiangxi Jovo Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605090) | 2.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Oil and Gas) | 5.9% |
| Analyst forecast in 3 Years (605090) | 2.7% |
Notable Dividend: 605090's dividend (2.91%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 605090's dividend (2.91%) is in the top 25% of dividend payers in the CN market (2.29%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), 605090's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605090 is paying a dividend but the company has no free cash flows.