Jinan Shengquan Group Share Holding Dividend
Dividend criteria checks 2/6
Jinan Shengquan Group Share Holding is a dividend paying company with a current yield of 2% that is well covered by earnings.
Key information
2.0%
Dividend yield
39%
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¥0.94 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
No updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Jinan Shengquan Group Share Holding's (SHSE:605589) Earnings
May 03
These Analysts Think Jinan Shengquan Group Share Holding Co., Ltd.'s (SHSE:605589) Sales Are Under Threat
Apr 20Should You Investigate Jinan Shengquan Group Share Holding Co., Ltd. (SHSE:605589) At CN¥21.35?
Mar 20Improved Earnings Required Before Jinan Shengquan Group Share Holding Co., Ltd. (SHSE:605589) Stock's 29% Jump Looks Justified
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605589 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605589 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Jinan Shengquan Group Share Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605589) | 2.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast in 3 Years (605589) | 2.6% |
Notable Dividend: 605589's dividend (2%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 605589's dividend (2%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.4%), 605589's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (241.1%), 605589's dividend payments are not well covered by cash flows.