Jinko Power Technology Dividend
Dividend criteria checks 1/6
Jinko Power Technology is a dividend paying company with a current yield of 0.36% that is well covered by earnings.
Key information
0.4%
Dividend yield
16%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.075 |
| Dividend yield forecast in 3Y | 1.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601778 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601778 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Jinko Power Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601778) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Renewable Energy) | 2.6% |
| Analyst forecast in 3 Years (601778) | 1.0% |
Notable Dividend: 601778's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 601778's dividend (0.36%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.6%), 601778's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601778 is paying a dividend but the company has no free cash flows.