China Tourism Group Duty Free Dividend
Dividend criteria checks 4/6
China Tourism Group Duty Free is a dividend paying company with a current yield of 2.2% that is well covered by earnings.
Key information
2.2%
Dividend yield
51%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥3.25 |
Dividend yield forecast in 3Y | 3.4% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601888's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601888's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Tourism Group Duty Free Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601888) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Specialty Retail) | 3.1% |
Analyst forecast in 3 Years (601888) | 3.4% |
Notable Dividend: 601888's dividend (2.2%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 601888's dividend (2.2%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.8%), 601888's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.7%), 601888's dividend payments are well covered by cash flows.