Jiangxi Wannianqing Cement Co., Ltd.

SZSE:000789 Stock Report

Market Cap: CN¥5.0b

Jiangxi Wannianqing Cement Dividend

Dividend criteria checks 4/6

Jiangxi Wannianqing Cement is a dividend paying company with a current yield of 4.11%.

Key information

4.1%

Dividend yield

160%

Payout ratio

Industry average yield2.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.16
Dividend yield forecast in 3Y4.1%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 000789's dividend payments have been volatile in the past 10 years.

Growing Dividend: 000789's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Jiangxi Wannianqing Cement Dividend Yield vs Market
How does 789 dividend yield compare to the market?
SegmentDividend Yield
Company (789)4.1%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Basic Materials)2.6%
Analyst forecast in 3 Years (789)4.1%

Notable Dividend: 000789's dividend (4.11%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).

High Dividend: 000789's dividend (4.11%) is in the top 25% of dividend payers in the CN market (2.26%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (159.5%), 000789's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (37.1%), 000789's dividend payments are well covered by cash flows.


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