Gansu Qilianshan Cement Group Dividend
What is Gansu Qilianshan Cement Group current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Gansu Qilianshan Cement Group Dividend Yield vs Market|
|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
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
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.