Henan Zhongyuan Expressway Dividend
Dividend criteria checks 4/6
Henan Zhongyuan Expressway is a dividend paying company with a current yield of 3.73% that is well covered by earnings.
Key information
3.7%
Dividend yield
55%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.149 |
| Earnings per share | CN¥0.28 |
| Future Dividend Yield | n/a |
Recent dividend 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) | 3.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Infrastructure) | 2.4% |
| Analyst forecast (600020) (up to 3 years) | n/a |
Notable Dividend: 600020's dividend (3.73%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600020's dividend (3.73%) is in the top 25% of dividend payers in the CN market (2.18%)
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.