Jiangsu Broadcasting Cable Information Network Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu Broadcasting Cable Information Network is a dividend paying company with a current yield of 0.61% that is well covered by earnings.
Key information
0.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.021 |
| Payout ratio | 34% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600959 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600959 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Jiangsu Broadcasting Cable Information Network Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600959) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Media) | 2.0% |
| Analyst forecast (600959) (up to 3 years) | n/a |
Notable Dividend: 600959's dividend (0.61%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600959's dividend (0.61%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), 600959's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600959 is paying a dividend but the company has no free cash flows.