Nanjing Port Dividend
Dividend criteria checks 5/6
Nanjing Port is a dividend paying company with a current yield of 1.64% that is well covered by earnings.
Key information
1.6%
Dividend yield
28%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.102 |
Earnings per share | CN¥0.35 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent 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) | 1.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Infrastructure) | 2.4% |
Analyst forecast (002040) (up to 3 years) | n/a |
Notable Dividend: 002040's dividend (1.64%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).
High Dividend: 002040's dividend (1.64%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.3%), 002040's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.1%), 002040's dividend payments are covered by cash flows.