COFCO Capital Holdings Dividends and Buybacks
Dividend criteria checks 3/6
COFCO Capital Holdings is a dividend paying company with a current yield of 0.86% that is well covered by earnings.
Key information
0.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.5% |
| 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
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 5 years.
Dividend Yield vs Market
| COFCO Capital Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002423) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Energy Services) | 1.6% |
| Analyst forecast (002423) (up to 3 years) | n/a |
Notable Dividend: 002423's dividend (0.86%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002423's dividend (0.86%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
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.