Jiangxi Salt Industry Group Dividends and Buybacks
Dividend criteria checks 3/6
Jiangxi Salt Industry Group is a dividend paying company with a current yield of 3.76% that is well covered by earnings.
Key information
3.8%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.350 |
| Payout ratio | 45% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 601065's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 601065's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Jiangxi Salt Industry Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601065) | 3.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (601065) (up to 3 years) | n/a |
Notable Dividend: 601065's dividend (3.76%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601065's dividend (3.76%) is in the top 25% of dividend payers in the CN market (2.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.9%), 601065's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92.3%), 601065's dividend payments are not well covered by cash flows.