Gansu Qilianshan Cement Group Co., Ltd.

SHSE:600720 Stock Report

Mkt Cap: CN¥7.8b

Gansu Qilianshan Cement Group Dividend

What is Gansu Qilianshan Cement Group current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.46%

Current Dividend Yield

Dividend Yield vs Market

Gansu Qilianshan Cement Group Dividend Yield vs Market
How does 600720 dividend yield compare to the market?
SegmentDividend Yield
Company (600720)4.5%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.0%
Industry Average (Basic Materials)3.4%
Analyst forecast in 3 Years (600720)n/a

Notable Dividend: 600720's dividend (4.46%) is higher than the bottom 25% of dividend payers in the CN market (0.5%).

High Dividend: 600720's dividend (4.46%) is in the top 25% of dividend payers in the CN market (2.02%)


Stability and Growth of Payments

How stable has Gansu Qilianshan Cement Group's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/6/20230.454.46
3/17/20220.454
5/20/20210.686.35
3/19/20200.583.75
5/24/20190.32.95
7/6/20180.233.11
7/11/20170.0650.66
7/28/20160.070.86
7/26/20150.223
8/12/20140.151.6
4/25/20130.0380.56
8/8/20120.121.43
3/5/20120.121.37

Stable Dividend: 600720's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600720's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.8%), 600720's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (25%), 600720's dividend payments are well covered by cash flows.


Discover strong dividend paying companies