Qian Jiang Water Resources Development Co.,Ltd

SHSE:600283 Stock Report

Market Cap: CN¥4.9b

Qian Jiang Water Resources DevelopmentLtd Dividends and Buybacks

Dividend criteria checks 3/6

Qian Jiang Water Resources DevelopmentLtd is a dividend paying company with a current yield of 1.47% that is well covered by earnings.

Key information

1.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth12.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.143
Payout ratio34%

Recent dividend and buyback updates

No updates

Recent updates

Solid Earnings May Not Tell The Whole Story For Qian Jiang Water Resources DevelopmentLtd (SHSE:600283)

Nov 05
Solid Earnings May Not Tell The Whole Story For Qian Jiang Water Resources DevelopmentLtd (SHSE:600283)

There's Been No Shortage Of Growth Recently For Qian Jiang Water Resources DevelopmentLtd's (SHSE:600283) Returns On Capital

Oct 01
There's Been No Shortage Of Growth Recently For Qian Jiang Water Resources DevelopmentLtd's (SHSE:600283) Returns On Capital

Qian Jiang Water Resources DevelopmentLtd's (SHSE:600283) Problems Go Beyond Weak Profit

May 06
Qian Jiang Water Resources DevelopmentLtd's (SHSE:600283) Problems Go Beyond Weak Profit

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600283's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600283's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Qian Jiang Water Resources DevelopmentLtd Dividend Yield vs Market
How does 600283 dividend yield compare to the market?
SegmentDividend Yield
Company (600283)1.5%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Water Utilities)2.4%
Analyst forecast (600283) (up to 3 years)n/a

Notable Dividend: 600283's dividend (1.47%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 600283's dividend (1.47%) is low compared to the top 25% of dividend payers in the CN market (2.16%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.3%), 600283's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 600283 is paying a dividend but the company has no free cash flows.


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