Jiangsu Changbao SteeltubeLtd Dividend
Dividend criteria checks 4/6
Jiangsu Changbao SteeltubeLtd is a dividend paying company with a current yield of 5.69% that is well covered by earnings.
Key information
5.7%
Dividend yield
33%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.280 |
Earnings per share | CN¥0.84 |
Dividend yield forecast in 3Y | 6.5% |
Recent dividend updates
Recent updates
Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Upcoming Dividend Will Be Larger Than Last Year's
May 21Benign Growth For Jiangsu Changbao Steeltube Co.,Ltd (SZSE:002478) Underpins Its Share Price
Apr 26Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Earnings Are Of Questionable Quality
Apr 08Jiangsu Changbao SteeltubeLtd (SZSE:002478) Has A Rock Solid Balance Sheet
Mar 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002478's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002478's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Jiangsu Changbao SteeltubeLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002478) | 5.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Metals and Mining) | 2.6% |
Analyst forecast in 3 Years (002478) | 6.5% |
Notable Dividend: 002478's dividend (5.69%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002478's dividend (5.69%) is in the top 25% of dividend payers in the CN market (2.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), 002478's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002478 is paying a dividend but the company has no free cash flows.