Juneyao Airlines Dividend
Dividend criteria checks 3/6
Juneyao Airlines is a dividend paying company with a current yield of 1.32% that is well covered by earnings.
Key information
1.3%
Dividend yield
32%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.180 |
| Earnings per share | CN¥0.53 |
| Dividend yield forecast | 2.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603885 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603885 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Juneyao Airlines Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603885) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Airlines) | 4.3% |
| Analyst forecast (603885) (up to 3 years) | 2.6% |
Notable Dividend: 603885's dividend (1.32%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 603885's dividend (1.32%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.8%), 603885's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8%), 603885's dividend payments are thoroughly covered by cash flows.