Changsha Tongcheng HoldingsLtd Dividend
Dividend criteria checks 5/6
Changsha Tongcheng HoldingsLtd is a dividend paying company with a current yield of 3.21% that is well covered by earnings.
Key information
3.2%
Dividend yield
77%
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¥0.25 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000419's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000419's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Changsha Tongcheng HoldingsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (419) | 3.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Multiline Retail) | 2.1% |
Analyst forecast in 3 Years (419) | n/a |
Notable Dividend: 000419's dividend (3.21%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000419's dividend (3.21%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.1%), 000419's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.5%), 000419's dividend payments are covered by cash flows.