Jinhong GasLtd Dividend
Dividend criteria checks 2/6
Jinhong GasLtd is a dividend paying company with a current yield of 1.86% that is well covered by earnings.
Key information
1.9%
Dividend yield
51%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.69 |
| Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688106 has been paying a dividend for less than 10 years.
Growing Dividend: 688106's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Jinhong GasLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688106) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (688106) | 3.0% |
Notable Dividend: 688106's dividend (1.86%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688106's dividend (1.86%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.6%), 688106's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688106 is paying a dividend but the company has no free cash flows.