Beijing Changjiu LogisticsLtd Dividend
Dividend criteria checks 3/6
Beijing Changjiu LogisticsLtd is a dividend paying company with a current yield of 0.98% that is well covered by earnings.
Key information
1.0%
Dividend yield
54%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.070 |
| Earnings per share | CN¥0.13 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603569 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603569 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Beijing Changjiu LogisticsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603569) | 1.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Transportation) | 2.4% |
| Analyst forecast (603569) (up to 3 years) | n/a |
Notable Dividend: 603569's dividend (0.98%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603569's dividend (0.98%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.6%), 603569's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.5%), 603569's dividend payments are well covered by cash flows.