Gansu Qilianshan Cement Group Dividend
What is Gansu Qilianshan Cement Group current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend 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 |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/6/2023 | 0.45 | 4.46 |
| 3/17/2022 | 0.45 | 4 |
| 5/20/2021 | 0.68 | 6.35 |
| 3/19/2020 | 0.58 | 3.75 |
| 5/24/2019 | 0.3 | 2.95 |
| 7/6/2018 | 0.23 | 3.11 |
| 7/11/2017 | 0.065 | 0.66 |
| 7/28/2016 | 0.07 | 0.86 |
| 7/26/2015 | 0.22 | 3 |
| 8/12/2014 | 0.15 | 1.6 |
| 4/25/2013 | 0.038 | 0.56 |
| 8/8/2012 | 0.12 | 1.43 |
| 3/5/2012 | 0.12 | 1.37 |
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.