Heilongjiang Transport Development Dividends and Buybacks
Dividend criteria checks 4/6
Heilongjiang Transport Development is a dividend paying company with a current yield of 1.71% that is well covered by earnings.
Key information
1.7%
Dividend yield
-0.06%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.064 |
| Payout ratio | 77% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601188's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601188's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Heilongjiang Transport Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601188) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Infrastructure) | 2.4% |
| Analyst forecast (601188) (up to 3 years) | n/a |
Notable Dividend: 601188's dividend (1.71%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601188's dividend (1.71%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.2%), 601188's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.5%), 601188's dividend payments are well covered by cash flows.