Heilongjiang Agriculture Dividend
Dividend criteria checks 4/6
Heilongjiang Agriculture is a dividend paying company with a current yield of 3.36% that is well covered by earnings.
Key information
3.4%
Dividend yield
72%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.61 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600598 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600598's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Heilongjiang Agriculture Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600598) | 3.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Food) | 2.1% |
Analyst forecast in 3 Years (600598) | 3.4% |
Notable Dividend: 600598's dividend (3.36%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600598's dividend (3.36%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.3%), 600598's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.7%), 600598's dividend payments are covered by cash flows.