Xinjiang Tianrun Dairy Dividend
Dividend criteria checks 2/6
Xinjiang Tianrun Dairy is a dividend paying company with a current yield of 1.69% that is well covered by earnings.
Key information
1.7%
Dividend yield
47%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.29 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600419 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600419 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
Xinjiang Tianrun Dairy Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600419) | 1.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Food) | 2.5% |
Analyst forecast in 3 Years (600419) | 3.4% |
Notable Dividend: 600419's dividend (1.69%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 600419's dividend (1.69%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.7%), 600419's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600419 is paying a dividend but the company has no free cash flows.