Xinjiang Daqo New EnergyLtd Dividend
Dividend criteria checks 2/6
Xinjiang Daqo New EnergyLtd is a dividend paying company with a current yield of 1.71% that is well covered by earnings.
Key information
1.7%
Dividend yield
28%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.49 |
| Dividend yield forecast in 3Y | 1.4% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688303 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688303 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Xinjiang Daqo New EnergyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688303) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Semiconductor) | 1.4% |
| Analyst forecast in 3 Years (688303) | 1.4% |
Notable Dividend: 688303's dividend (1.71%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688303's dividend (1.71%) 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 (28.2%), 688303's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688303 is paying a dividend but the company has no free cash flows.