Xinxing Ductile Iron Pipes Dividend
Dividend criteria checks 3/6
Xinxing Ductile Iron Pipes is a dividend paying company with a current yield of 1.69% that is well covered by earnings.
Key information
1.7%
Dividend yield
20%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Earnings per share | CN¥0.30 |
| Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
Calculating The Fair Value Of Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778)
Jul 30
Xinxing 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000778) | 1.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Metals and Mining) | 2.6% |
| Analyst forecast in 3 Years (000778) | 2.8% |
Notable Dividend: 000778's dividend (1.69%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 000778's dividend (1.69%) is low compared to the top 25% of dividend payers in the CN market (2.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.3%), 000778's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.7%), 000778's dividend payments are well covered by cash flows.