Yintai Gold Dividend
Dividend criteria checks 4/6
Yintai Gold is a dividend paying company with a current yield of 1.51% that is well covered by earnings. Next payment date is on 10th May, 2024 with an ex-dividend date of 10th May, 2024.
Key information
1.5%
Dividend yield
48%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 10 May 24 |
| Ex dividend date | 10 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.59 |
| Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000975's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000975's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Yintai Gold Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (975) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast in 3 Years (975) | 2.9% |
Notable Dividend: 000975's dividend (1.51%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000975's dividend (1.51%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), 000975's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.2%), 000975's dividend payments are well covered by cash flows.