Zhongman Petroleum and Natural Gas GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Zhongman Petroleum and Natural Gas GroupLtd is a dividend paying company with a current yield of 3.99% that is well covered by earnings.
Key information
4.0%
Dividend yield
-11.8%
Buyback Yield
| Total Shareholder Yield | -7.8% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 36.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.860 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603619 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603619's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Zhongman Petroleum and Natural Gas GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603619) | 4.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Energy Services) | 1.6% |
| Analyst forecast (603619) (up to 3 years) | 4.6% |
Notable Dividend: 603619's dividend (3.99%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 603619's dividend (3.99%) is in the top 25% of dividend payers in the CN market (2.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.3%), 603619's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.3%), 603619's dividend payments are covered by cash flows.