Jiangxi Guotai GroupLtd Dividend
Dividend criteria checks 2/6
Jiangxi Guotai GroupLtd is a dividend paying company with a current yield of 1.36% that is well covered by earnings.
Key information
1.4%
Dividend yield
29%
Payout ratio
Industry average yield | 1.9% |
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 | 1.7% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603977 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603977 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Jiangxi Guotai GroupLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603977) | 1.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (603977) | 1.7% |
Notable Dividend: 603977's dividend (1.36%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603977's dividend (1.36%) is low compared to the top 25% of dividend payers in the CN market (2.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29%), 603977's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1197%), 603977's dividend payments are not well covered by cash flows.