Jinhong GasLtd Dividends and Buybacks
Dividend criteria checks 2/6
Jinhong GasLtd is a dividend paying company with a current yield of 1.64% that is well covered by earnings.
Key information
1.6%
Dividend yield
-0.004%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 32.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 89% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688106 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688106's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Jinhong GasLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688106) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688106) (up to 3 years) | 2.5% |
Notable Dividend: 688106's dividend (1.64%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 688106's dividend (1.64%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.5%), 688106's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688106 is paying a dividend but the company has no free cash flows.