Fujian Expressway DevelopmentLtd Dividend
Dividend criteria checks 5/6
Fujian Expressway DevelopmentLtd is a dividend paying company with a current yield of 3.18% that is well covered by earnings.
Key information
3.2%
Dividend yield
36%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.120 |
Earnings per share | CN¥0.33 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600033's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600033's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Fujian Expressway DevelopmentLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600033) | 3.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Infrastructure) | 2.6% |
Analyst forecast in 3 Years (600033) | n/a |
Notable Dividend: 600033's dividend (3.18%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 600033's dividend (3.18%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36%), 600033's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.9%), 600033's dividend payments are well covered by cash flows.