Jinzai Food GroupLtd Dividends and Buybacks
Dividend criteria checks 3/6
Jinzai Food GroupLtd is a dividend paying company with a current yield of 1.62% that is well covered by earnings.
Key information
1.6%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 9.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Stability 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 (003000) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Food) | 2.3% |
| Analyst forecast (003000) (up to 3 years) | 3.8% |
Notable Dividend: 003000's dividend (1.62%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 003000's dividend (1.62%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.1%), 003000's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.2%), 003000's dividend payments are well covered by cash flows.