Henan Zhongyuan Expressway Dividends and Buybacks
Dividend criteria checks 4/6
Henan Zhongyuan Expressway is a dividend paying company with a current yield of 3.56% that is well covered by earnings.
Key information
3.6%
Dividend yield
-0.003%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.149 |
| Payout ratio | 55% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600020's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600020's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Henan Zhongyuan Expressway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600020) | 3.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Infrastructure) | 2.5% |
| Analyst forecast (600020) (up to 3 years) | n/a |
Notable Dividend: 600020's dividend (3.56%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600020's dividend (3.56%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.8%), 600020's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600020 is paying a dividend but the company has no free cash flows.