Xinjiang Joinworld Dividends and Buybacks
Dividend criteria checks 3/6
Xinjiang Joinworld is a dividend paying company with a current yield of 1.56% that is well covered by earnings.
Key information
1.6%
Dividend yield
12.8%
Buyback Yield
| Total Shareholder Yield | 14.4% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 23.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 13% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600888's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600888's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Xinjiang Joinworld Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600888) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.1% |
| Analyst forecast (600888) (up to 3 years) | 1.6% |
Notable Dividend: 600888's dividend (1.56%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600888's dividend (1.56%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.7%), 600888's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (90.7%), 600888's dividend payments are not well covered by cash flows.