Yechiu Metal Recycling (China) Dividend
Dividend criteria checks 1/6
Yechiu Metal Recycling (China) is a dividend paying company with a current yield of 0.58% that is well covered by earnings.
Key information
0.6%
Dividend yield
33%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.04 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Recent updates
Yechiu Metal Recycling (China)'s (SHSE:601388) Dividend Is Being Reduced To CN¥0.013
May 30Be Wary Of Yechiu Metal Recycling (China) (SHSE:601388) And Its Returns On Capital
Apr 17Estimating The Intrinsic Value Of Yechiu Metal Recycling (China) Ltd. (SHSE:601388)
Mar 26Yechiu Metal Recycling (China) Ltd.'s (SHSE:601388) Shares Leap 26% Yet They're Still Not Telling The Full Story
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601388's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601388's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Yechiu Metal Recycling (China) Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (601388) | 0.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Metals and Mining) | 2.4% |
Analyst forecast in 3 Years (601388) | 2.2% |
Notable Dividend: 601388's dividend (0.58%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 601388's dividend (0.58%) is low compared to the top 25% of dividend payers in the CN market (2.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.6%), 601388's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (226%), 601388's dividend payments are not well covered by cash flows.