Daqin Railway Dividend
Dividend criteria checks 3/6
Daqin Railway is a dividend paying company with a current yield of 5.47% that is well covered by earnings.
Key information
5.5%
Dividend yield
61%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.382 |
| Earnings per share | CN¥0.62 |
| Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
No updates
Recent updates
Is Daqin Railway Co., Ltd. (SHSE:601006) Trading At A 45% Discount?
Aug 04
Earnings Working Against Daqin Railway Co., Ltd.'s (SHSE:601006) Share Price
Jul 16Daqin Railway (SHSE:601006) Has A Rock Solid Balance Sheet
Jun 28Daqin Railway's (SHSE:601006) Anemic Earnings Might Be Worse Than You Think
May 03Daqin Railway (SHSE:601006) Will Want To Turn Around Its Return Trends
Apr 25Improved Earnings Required Before Daqin Railway Co., Ltd. (SHSE:601006) Shares Find Their Feet
Apr 03Is Daqin Railway Co., Ltd. (SHSE:601006) Trading At A 49% Discount?
Mar 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601006's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601006's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Daqin Railway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601006) | 5.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Transportation) | 2.8% |
| Analyst forecast in 3 Years (601006) | 5.1% |
Notable Dividend: 601006's dividend (5.47%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 601006's dividend (5.47%) is in the top 25% of dividend payers in the CN market (2.58%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), 601006's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95.7%), 601006's dividend payments are not well covered by cash flows.