Jonjee Hi-Tech Industrial and Commercial HoldingLtd Dividends and Buybacks
Dividend criteria checks 4/6
Jonjee Hi-Tech Industrial and Commercial HoldingLtd is a dividend paying company with a current yield of 1.74% that is well covered by earnings.
Key information
1.7%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 9% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600872's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600872's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jonjee Hi-Tech Industrial and Commercial HoldingLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600872) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Food) | 2.2% |
| Analyst forecast (600872) (up to 3 years) | 1.7% |
Notable Dividend: 600872's dividend (1.74%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600872's dividend (1.74%) is low compared to the top 25% of dividend payers in the CN market (2.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.8%), 600872's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.9%), 600872's dividend payments are well covered by cash flows.