Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd Dividend
Dividend criteria checks 3/6
Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
68%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Earnings per share | CN¥0.54 |
| Future Dividend Yield | 3.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601952 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601952 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601952) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Food) | 2.3% |
| Analyst forecast (601952) (up to 3 years) | 3.6% |
Notable Dividend: 601952's dividend (1.19%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 601952's dividend (1.19%) is low compared to the top 25% of dividend payers in the CN market (2.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.9%), 601952's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.2%), 601952's dividend payments are well covered by cash flows.