Yantai Jereh Oilfield Services Group Dividend
Dividend criteria checks 3/6
Yantai Jereh Oilfield Services Group is a dividend paying company with a current yield of 1.53% that is well covered by earnings.
Key information
1.5%
Dividend yield
20%
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¥2.43 |
| Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Recent updates
Does Yantai Jereh Oilfield Services Group (SZSE:002353) Deserve A Spot On Your Watchlist?
Apr 25
Solid Earnings May Not Tell The Whole Story For Yantai Jereh Oilfield Services Group (SZSE:002353)
Apr 09Yantai Jereh Oilfield Services Group Co., Ltd. Just Beat Revenue Estimates By 5.2%
Apr 05Yantai Jereh Oilfield Services Group Co., Ltd.'s (SZSE:002353) Shares Bounce 26% But Its Business Still Trails The Market
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002353's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002353's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Yantai Jereh Oilfield Services Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2353) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Energy Services) | 1.9% |
| Analyst forecast in 3 Years (2353) | 2.2% |
Notable Dividend: 002353's dividend (1.53%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002353's dividend (1.53%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.2%), 002353's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002353 is paying a dividend but the company has no free cash flows.