Shanxi Coking Dividend
Dividend criteria checks 3/6
Shanxi Coking is a dividend paying company with a current yield of 4.42% that is well covered by earnings.
Key information
4.4%
Dividend yield
44%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.50 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600740 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600740's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Shanxi Coking Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600740) | 4.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (600740) | 1.8% |
Notable Dividend: 600740's dividend (4.42%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600740's dividend (4.42%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.3%), 600740's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600740 is paying a dividend but the company has no free cash flows.