Anhui Jinhe IndustrialLtd Dividend
Dividend criteria checks 4/6
Anhui Jinhe IndustrialLtd is a dividend paying company with a current yield of 3.85% that is well covered by earnings.
Key information
3.8%
Dividend yield
48%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.26 |
| Dividend yield forecast in 3Y | 2.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002597's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002597's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Anhui Jinhe IndustrialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2597) | 3.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (2597) | 2.5% |
Notable Dividend: 002597's dividend (3.85%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 002597's dividend (3.85%) is in the top 25% of dividend payers in the CN market (2.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.5%), 002597's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (164.4%), 002597's dividend payments are not well covered by cash flows.