Sichuan Rongda Gold Dividend
Dividend criteria checks 3/6
Sichuan Rongda Gold is a dividend paying company with a current yield of 0.9% that is well covered by earnings.
Key information
0.9%
Dividend yield
47%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.54 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 001337's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 001337's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Sichuan Rongda Gold Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1337) | 0.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (1337) | n/a |
Notable Dividend: 001337's dividend (0.9%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 001337's dividend (0.9%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.9%), 001337's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.1%), 001337's dividend payments are covered by cash flows.