Jiangxi Wannianqing Cement Dividend
Dividend criteria checks 3/6
Jiangxi Wannianqing Cement is a dividend paying company with a current yield of 1.98% that is well covered by earnings.
Key information
2.0%
Dividend yield
56%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.16 |
| Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Recent updates
Jiangxi Wannianqing Cement (SZSE:000789) Will Pay A Smaller Dividend Than Last Year
May 27
Jiangxi Wannianqing Cement's (SZSE:000789) Conservative Accounting Might Explain Soft Earnings
May 02Jiangxi Wannianqing Cement Co., Ltd. (SZSE:000789) Analysts Are More Bearish Than They Used To Be
Apr 01Jiangxi Wannianqing Cement Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 31Stability 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 fallen over the past 10 years.
Dividend Yield vs Market
| Jiangxi Wannianqing Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000789) | 2.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Basic Materials) | 3.1% |
| Analyst forecast in 3 Years (000789) | 2.0% |
Notable Dividend: 000789's dividend (1.98%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 000789's dividend (1.98%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.5%), 000789's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.9%), 000789's dividend payments are well covered by cash flows.