Daqin Railway Dividends and Buybacks
Dividend criteria checks 2/6
Daqin Railway is a dividend paying company with a current yield of 3.9%.
Key information
3.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.1% |
| Dividend Growth | -0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.260 |
| Payout ratio | 91% |
Recent dividend and buyback 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 fallen over the past 10 years.
Dividend Yield vs Market
| Daqin Railway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601006) | 3.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Transportation) | 2.4% |
| Analyst forecast (601006) (up to 3 years) | 5.1% |
Notable Dividend: 601006's dividend (3.9%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601006's dividend (3.9%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.8%), 601006's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (240.3%), 601006's dividend payments are not well covered by cash flows.