Heilongjiang Agriculture Dividend
Dividend criteria checks 4/6
Heilongjiang Agriculture is a dividend paying company with a current yield of 3.51% that is well covered by earnings.
Key information
3.5%
Dividend yield
72%
Payout ratio
Industry average yield | 2.6% |
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 | 3.5% |
Recent dividend updates
Recent updates
Heilongjiang Agriculture Company Limited's (SHSE:600598) Prospects Need A Boost To Lift Shares
Jun 19Heilongjiang Agriculture's (SHSE:600598) Dividend Will Be Increased To CN¥0.44
May 22Heilongjiang Agriculture's (SHSE:600598) Solid Earnings Have Been Accounted For Conservatively
Apr 04The Returns At Heilongjiang Agriculture (SHSE:600598) Aren't Growing
Mar 28A Look At The Intrinsic Value Of Heilongjiang Agriculture Company Limited (SHSE:600598)
Mar 07Stability 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 |
---|
Segment | Dividend Yield |
---|---|
Company (600598) | 3.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Food) | 2.6% |
Analyst forecast in 3 Years (600598) | 3.5% |
Notable Dividend: 600598's dividend (3.51%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 600598's dividend (3.51%) is in the top 25% of dividend payers in the CN market (2.55%)
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.