Xinhuanet Dividend
Dividend criteria checks 3/6
Xinhuanet is a dividend paying company with a current yield of 0.81% that is well covered by earnings.
Key information
0.8%
Dividend yield
38%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.53 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603888 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603888 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Xinhuanet Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603888) | 0.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Media) | 2.8% |
Analyst forecast in 3 Years (603888) | n/a |
Notable Dividend: 603888's dividend (0.81%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 603888's dividend (0.81%) is low compared to the top 25% of dividend payers in the CN market (2.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.9%), 603888's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.7%), 603888's dividend payments are well covered by cash flows.