Yinchuan Xinhua Commercial (Group) Dividend
Dividend criteria checks 3/6
Yinchuan Xinhua Commercial (Group) is a dividend paying company with a current yield of 1.07% that is well covered by earnings.
Key information
1.1%
Dividend yield
34%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.59 |
Dividend yield forecast in 3Y | 0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600785's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600785's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Yinchuan Xinhua Commercial (Group) Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600785) | 1.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Multiline Retail) | 2.1% |
Analyst forecast in 3 Years (600785) | 0% |
Notable Dividend: 600785's dividend (1.07%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600785's dividend (1.07%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.9%), 600785's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.5%), 600785's dividend payments are thoroughly covered by cash flows.