Inner Mongolia Xinhua Distribution GroupLtd Dividends and Buybacks
Dividend criteria checks 3/6
Inner Mongolia Xinhua Distribution GroupLtd is a dividend paying company with a current yield of 3.57% that is well covered by earnings.
Key information
3.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Payout ratio | 56% |
Recent dividend and buyback updates
No updates
Recent updates
Stability 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) | 3.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Retail Distributors) | 2.5% |
| Analyst forecast (603230) (up to 3 years) | n/a |
Notable Dividend: 603230's dividend (3.57%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 603230's dividend (3.57%) is in the top 25% of dividend payers in the CN market (2.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), 603230's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603230 is paying a dividend but the company has no free cash flows.