Chongyi Zhangyuan Tungsten Dividend
Dividend criteria checks 2/6
Chongyi Zhangyuan Tungsten is a dividend paying company with a current yield of 0.85% that is well covered by earnings.
Key information
0.8%
Dividend yield
55%
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¥0.11 |
Dividend yield forecast in 3Y | 1.6% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002378's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002378's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Chongyi Zhangyuan Tungsten Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2378) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (2378) | 1.6% |
Notable Dividend: 002378's dividend (0.85%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 002378's dividend (0.85%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55%), 002378's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (20637.4%), 002378's dividend payments are not well covered by cash flows.