Jonjee Hi-Tech Industrial and Commercial HoldingLtd Dividend
Dividend criteria checks 4/6
Jonjee Hi-Tech Industrial and Commercial HoldingLtd is a dividend paying company with a current yield of 1.43% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
1.4%
Dividend yield
17%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | 22 May 24 |
Ex dividend date | 22 May 24 |
Dividend per share | n/a |
Earnings per share | CN¥2.33 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
No 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 |
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Segment | Dividend Yield |
---|---|
Company (600872) | 1.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Food) | 2.2% |
Analyst forecast in 3 Years (600872) | 1.8% |
Notable Dividend: 600872's dividend (1.43%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 600872's dividend (1.43%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.2%), 600872's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.6%), 600872's dividend payments are well covered by cash flows.