COFCO Capital Holdings Dividend
Dividend criteria checks 3/6
COFCO Capital Holdings is a dividend paying company with a current yield of 0.96% that is well covered by earnings.
Key information
1.0%
Dividend yield
15%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.44 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002423 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002423's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| COFCO Capital Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2423) | 1.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Energy Services) | 1.5% |
| Analyst forecast in 3 Years (2423) | n/a |
Notable Dividend: 002423's dividend (0.96%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 002423's dividend (0.96%) is low compared to the top 25% of dividend payers in the CN market (2.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.7%), 002423's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.5%), 002423's dividend payments are thoroughly covered by cash flows.