Rizhao PortLtd Dividend
Dividend criteria checks 3/6
Rizhao PortLtd is a dividend paying company with a current yield of 2.23% that is well covered by earnings.
Key information
2.2%
Dividend yield
35%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.18 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600017's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600017's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Rizhao PortLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600017) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Infrastructure) | 2.6% |
Analyst forecast in 3 Years (600017) | n/a |
Notable Dividend: 600017's dividend (2.23%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600017's dividend (2.23%) is low compared to the top 25% of dividend payers in the CN market (2.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.5%), 600017's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600017 is paying a dividend but the company has no free cash flows.