Xinxing Ductile Iron Pipes Dividend
Dividend criteria checks 2/6
Xinxing Ductile Iron Pipes is a dividend paying company with a current yield of 1.7% that is well covered by earnings.
Key information
1.7%
Dividend yield
25%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.060 |
Earnings per share | CN¥0.24 |
Dividend yield forecast | 2.3% |
Recent dividend updates
Recent updates
Calculating The Fair Value Of Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778)
Jul 30Xinxing Ductile Iron Pipes (SZSE:000778) Is Paying Out Less In Dividends Than Last Year
Jul 12Xinxing Ductile Iron Pipes Co., Ltd.'s (SZSE:000778) Price Is Right But Growth Is Lacking
Jun 11Xinxing Ductile Iron Pipes (SZSE:000778) Is Reinvesting At Lower Rates Of Return
May 24Xinxing Ductile Iron Pipes' (SZSE:000778) Shareholders Have More To Worry About Than Only Soft Earnings
May 02Downgrade: Here's How Analysts See Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778) Performing In The Near Term
Apr 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000778's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000778's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Xinxing Ductile Iron Pipes Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (000778) | 1.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Metals and Mining) | 2.5% |
Analyst forecast (000778) (up to 3 years) | 2.3% |
Notable Dividend: 000778's dividend (1.7%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 000778's dividend (1.7%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.5%), 000778's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000778 is paying a dividend but the company has no free cash flows.