Dazhong Transportation (Group) Dividend
Dividend criteria checks 2/6
Dazhong Transportation (Group) is a dividend paying company with a current yield of 1.82% that is well covered by earnings.
Key information
1.8%
Dividend yield
36%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.14 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600611's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600611's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Dazhong Transportation (Group) Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600611) | 1.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Transportation) | 2.2% |
Analyst forecast in 3 Years (600611) | n/a |
Notable Dividend: 600611's dividend (1.82%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 600611's dividend (1.82%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.7%), 600611's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600611 is paying a dividend but the company has no free cash flows.