Jiangxi Hongcheng EnvironmentLtd Dividend
Dividend criteria checks 4/6
Jiangxi Hongcheng EnvironmentLtd is a dividend paying company with a current yield of 3.83% that is well covered by earnings.
Key information
3.8%
Dividend yield
48%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.441 |
Earnings per share | CN¥0.90 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Jiangxi 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) | 3.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Water Utilities) | 2.6% |
Analyst forecast in 3 Years (600461) | 3.8% |
Notable Dividend: 600461's dividend (3.83%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600461's dividend (3.83%) is in the top 25% of dividend payers in the CN market (2.62%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.3%), 600461's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (5292.5%), 600461's dividend payments are not well covered by cash flows.