Jinzai Food GroupLtd Dividend
Dividend criteria checks 2/6
Jinzai Food GroupLtd is a dividend paying company with a current yield of 2% that is well covered by earnings.
Key information
2.0%
Dividend yield
54%
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¥0.54 |
| Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Jinzai Food GroupLtd's (SZSE:003000) Upcoming Dividend Will Be Larger Than Last Year's
Apr 29
Jinzai Food Group Co.,Ltd.'s (SZSE:003000) P/E Is On The Mark
Apr 24Additional Considerations Required While Assessing Jinzai Food GroupLtd's (SZSE:003000) Strong Earnings
Apr 03Here's Why Jinzai Food GroupLtd (SZSE:003000) Has Caught The Eye Of Investors
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 003000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 003000's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Jinzai Food GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3000) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Food) | 2.1% |
| Analyst forecast in 3 Years (3000) | 3.8% |
Notable Dividend: 003000's dividend (2%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 003000's dividend (2%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.4%), 003000's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (213%), 003000's dividend payments are not well covered by cash flows.