China Kings Resources GroupLtd Dividend
Dividend criteria checks 2/6
China Kings Resources GroupLtd is a dividend paying company with a current yield of 1.02% that is well covered by earnings.
Key information
1.0%
Dividend yield
46%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Earnings per share | CN¥0.65 |
| Dividend yield forecast | 2.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603505 has been paying a dividend for less than 10 years.
Growing Dividend: 603505's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| China Kings Resources GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603505) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (603505) (up to 3 years) | 2.0% |
Notable Dividend: 603505's dividend (1.02%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 603505's dividend (1.02%) 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 (46.1%), 603505's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603505 is paying a dividend but the company has no free cash flows.