Jiangxi Hongcheng EnvironmentLtd Dividends and Buybacks
Dividend criteria checks 4/6
Jiangxi Hongcheng EnvironmentLtd is a dividend paying company with a current yield of 4.45% that is well covered by earnings.
Key information
4.4%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 18.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.441 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Insufficient Growth At Jiangxi Hongcheng Environment Co.,Ltd. (SHSE:600461) Hampers Share Price
Nov 14
Jiangxi Hongcheng EnvironmentLtd's (SHSE:600461) Returns Have Hit A Wall
Oct 10Estimating The Intrinsic Value Of Jiangxi Hongcheng Environment Co.,Ltd. (SHSE:600461)
Sep 08Jiangxi Hongcheng Environment Co.,Ltd.'s (SHSE:600461) Shares Lagging The Market But So Is The Business
Aug 09Jiangxi Hongcheng EnvironmentLtd's (SHSE:600461) Dividend Will Be Increased To CN¥0.4407
Jul 01Jiangxi Hongcheng EnvironmentLtd (SHSE:600461) Hasn't Managed To Accelerate Its Returns
Jun 25Here's Why Jiangxi Hongcheng EnvironmentLtd (SHSE:600461) Has A Meaningful Debt Burden
Jun 05Jiangxi Hongcheng EnvironmentLtd's (SHSE:600461) Earnings Are Weaker Than They Seem
Apr 17Jiangxi Hongcheng Environment Co.,Ltd.'s (SHSE:600461) Low P/E No Reason For Excitement
Apr 12Investors Met With Slowing Returns on Capital At Jiangxi Hongcheng EnvironmentLtd (SHSE:600461)
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600461's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600461's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jiangxi Hongcheng EnvironmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600461) | 4.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Water Utilities) | 2.4% |
| Analyst forecast (600461) (up to 3 years) | 4.4% |
Notable Dividend: 600461's dividend (4.45%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600461's dividend (4.45%) is in the top 25% of dividend payers in the CN market (2.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), 600461's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (179.5%), 600461's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 23:27 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jiangxi Hongcheng Environment Co.,Ltd. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ying Deng | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |
| Chunyang Zhu | China Merchants Securities Co. Ltd. |