Jiangxi Salt Industry Group Dividend
Dividend criteria checks 4/6
Jiangxi Salt Industry Group is a dividend paying company with a current yield of 4% that is well covered by earnings.
Key information
4.0%
Dividend yield
44%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.350 |
| Earnings per share | CN¥0.77 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend 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) | 4.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast in 3 Years (601065) | n/a |
Notable Dividend: 601065's dividend (4%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 601065's dividend (4%) is in the top 25% of dividend payers in the CN market (2.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.4%), 601065's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.1%), 601065's dividend payments are covered by cash flows.