Daqin Railway Dividend
Dividend criteria checks 4/6
Daqin Railway is a dividend paying company with a current yield of 6.26% that is well covered by earnings.
Key information
6.3%
Dividend yield
61%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.64 |
Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
No updates
Recent updates
Stability 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 increased over the past 10 years.
Dividend Yield vs Market
Daqin Railway Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601006) | 6.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Transportation) | 2.1% |
Analyst forecast in 3 Years (601006) | 4.7% |
Notable Dividend: 601006's dividend (6.26%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 601006's dividend (6.26%) is in the top 25% of dividend payers in the CN market (2.4%)
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 (106.8%), 601006's dividend payments are not well covered by cash flows.