Hainan Jingliang Holdings Dividend
Dividend criteria checks 2/6
Hainan Jingliang Holdings is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
51%
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¥0.14 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 000505's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 000505's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Hainan Jingliang Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (505) | 1.2% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Food) | 2.1% |
| Analyst forecast in 3 Years (505) | n/a |
Notable Dividend: 000505's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 000505's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), 000505's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1192.3%), 000505's dividend payments are not well covered by cash flows.