COFCO Capital Holdings Dividends and Buybacks
Dividend criteria checks 3/6
COFCO Capital Holdings is a dividend paying company with a current yield of 0.95% that is well covered by earnings.
Key information
1.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.133 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Earnings Working Against COFCO Capital Holdings Co., Ltd.'s (SZSE:002423) Share Price Following 28% Dive
Dec 01
Is COFCO Capital Holdings (SZSE:002423) Using Too Much Debt?
Oct 18There's No Escaping COFCO Capital Holdings Co., Ltd.'s (SZSE:002423) Muted Earnings Despite A 30% Share Price Rise
Sep 26COFCO Capital Holdings (SZSE:002423) Could Be Struggling To Allocate Capital
Sep 24COFCO Capital Holdings Co., Ltd.'s (SZSE:002423) Business And Shares Still Trailing The Market
Jul 30COFCO Capital Holdings' (SZSE:002423) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 05These 4 Measures Indicate That COFCO Capital Holdings (SZSE:002423) Is Using Debt Extensively
Jul 03Returns On Capital At COFCO Capital Holdings (SZSE:002423) Have Hit The Brakes
Apr 12COFCO Capital Holdings (SZSE:002423) Has A Pretty Healthy Balance Sheet
Feb 28Stability 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 5 years.
Dividend Yield vs Market
| COFCO Capital Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002423) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Energy Services) | 1.7% |
| Analyst forecast (002423) (up to 3 years) | n/a |
Notable Dividend: 002423's dividend (0.95%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002423's dividend (0.95%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.6%), 002423's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2%), 002423's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:20 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
COFCO Capital Holdings Co., Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ziqin Shao | Citic Securities Co., Ltd. |
| Chengdun Tong | Citic Securities Co., Ltd. |