Chongqing Changjiang River Moulding Material (Group) Dividend
Dividend criteria checks 2/6
Chongqing Changjiang River Moulding Material (Group) is a dividend paying company with a current yield of 1.98% that is well covered by earnings.
Key information
2.0%
Dividend yield
31%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.91 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 001296 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 001296's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Chongqing Changjiang River Moulding Material (Group) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (001296) | 2.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Basic Materials) | 3.0% |
Analyst forecast in 3 Years (001296) | n/a |
Notable Dividend: 001296's dividend (1.98%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 001296's dividend (1.98%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.5%), 001296's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001296 is paying a dividend but the company has no free cash flows.