China Hainan Rubber Industry GroupLtd Dividend
Dividend criteria checks 3/6
China Hainan Rubber Industry GroupLtd is a dividend paying company with a current yield of 0.35% that is well covered by earnings.
Key information
0.4%
Dividend yield
33%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0209 |
| Earnings per share | CN¥0.063 |
| Dividend yield forecast | 0.5% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601118's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601118's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Hainan Rubber Industry GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601118) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (601118) (up to 3 years) | 0.5% |
Notable Dividend: 601118's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 601118's dividend (0.35%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.1%), 601118's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11%), 601118's dividend payments are thoroughly covered by cash flows.