Nanjing Port Dividend
Dividend criteria checks 4/6
Nanjing Port is a dividend paying company with a current yield of 1.77% that is well covered by earnings.
Key information
1.8%
Dividend yield
29%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.102 |
Earnings per share | CN¥0.34 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002040's dividends per share have been stable in the past 10 years.
Growing Dividend: 002040's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nanjing Port Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002040) | 1.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Infrastructure) | 2.7% |
Analyst forecast in 3 Years (002040) | n/a |
Notable Dividend: 002040's dividend (1.77%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002040's dividend (1.77%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), 002040's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.6%), 002040's dividend payments are not well covered by cash flows.