COFCO Capital Holdings Dividend
Dividend criteria checks 3/6
COFCO Capital Holdings is a dividend paying company with a current yield of 1.66% that is well covered by earnings.
Key information
1.7%
Dividend yield
24%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.133 |
Earnings per share | CN¥0.55 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
COFCO 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 4 years.
Dividend Yield vs Market
COFCO Capital Holdings Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (002423) | 1.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Energy Services) | 2.1% |
Analyst forecast in 3 Years (002423) | n/a |
Notable Dividend: 002423's dividend (1.66%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002423's dividend (1.66%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.1%), 002423's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.4%), 002423's dividend payments are thoroughly covered by cash flows.