Inner Mongolia Xinhua Distribution GroupLtd Dividend
Dividend criteria checks 4/6
Inner Mongolia Xinhua Distribution GroupLtd is a dividend paying company with a current yield of 3.97% that is well covered by earnings.
Key information
4.0%
Dividend yield
57%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Earnings per share | CN¥0.79 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Improved Earnings Required Before Inner Mongolia Xinhua Distribution Group Co.,Ltd. (SHSE:603230) Shares Find Their Feet
Oct 02
Inner Mongolia Xinhua Distribution GroupLtd's (SHSE:603230) Profits Appear To Have Quality Issues
May 02Inner Mongolia Xinhua Distribution GroupLtd (SHSE:603230) Hasn't Managed To Accelerate Its Returns
Mar 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603230 has been paying a dividend for less than 10 years.
Growing Dividend: 603230's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Inner Mongolia Xinhua Distribution GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603230) | 4.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Retail Distributors) | 2.8% |
| Analyst forecast (603230) (up to 3 years) | n/a |
Notable Dividend: 603230's dividend (3.97%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 603230's dividend (3.97%) is in the top 25% of dividend payers in the CN market (2.3%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57%), 603230's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.6%), 603230's dividend payments are well covered by cash flows.