Jiangxi Hongcheng EnvironmentLtd Dividends and Buybacks
Dividend criteria checks 4/6
Jiangxi Hongcheng EnvironmentLtd is a dividend paying company with a current yield of 4.7% that is well covered by earnings.
Key information
4.7%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 18.8% |
| 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) | 4.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Water Utilities) | 2.4% |
| Analyst forecast (600461) (up to 3 years) | 4.7% |
Notable Dividend: 600461's dividend (4.7%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600461's dividend (4.7%) is in the top 25% of dividend payers in the CN market (2.15%)
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.