Jiangxi Wannianqing Cement Dividends and Buybacks
Dividend criteria checks 2/6
Jiangxi Wannianqing Cement is a dividend paying company with a current yield of 1.67%.
Key information
1.7%
Dividend yield
-13.3%
Buyback Yield
| Total Shareholder Yield | -11.6% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.090 |
| Payout ratio | -97% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000789's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000789's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Jiangxi Wannianqing Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000789) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Basic Materials) | 3.2% |
| Analyst forecast (000789) (up to 3 years) | 1.7% |
Notable Dividend: 000789's dividend (1.67%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000789's dividend (1.67%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: 000789 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24%), 000789's dividend payments are well covered by cash flows.