Jiangsu Wujin Stainless Steel Pipe GroupLTD Dividend
Dividend criteria checks 3/6
Jiangsu Wujin Stainless Steel Pipe GroupLTD is a dividend paying company with a current yield of 8.82% that is well covered by earnings.
Key information
8.8%
Dividend yield
86%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.530 |
| Earnings per share | CN¥0.62 |
| Dividend yield forecast in 3Y | 9.0% |
Recent dividend updates
No updates
Recent updates
Jiangsu Wujin Stainless Steel Pipe GroupLTD's (SHSE:603878) Promising Earnings May Rest On Soft Foundations
May 05
The Market Lifts Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878) Shares 26% But It Can Do More
Apr 10A Look At The Intrinsic Value Of Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878)
Mar 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603878 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603878's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Jiangsu Wujin Stainless Steel Pipe GroupLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603878) | 8.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Metals and Mining) | 2.6% |
| Analyst forecast in 3 Years (603878) | 9.0% |
Notable Dividend: 603878's dividend (8.82%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 603878's dividend (8.82%) is in the top 25% of dividend payers in the CN market (2.61%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.6%), 603878's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (136.3%), 603878's dividend payments are not well covered by cash flows.