Xinjiang Torch Gas Dividend
Dividend criteria checks 3/6
Xinjiang Torch Gas is a dividend paying company with a current yield of 1.42% that is well covered by earnings.
Key information
1.4%
Dividend yield
23%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.03 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603080 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603080's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Xinjiang Torch Gas Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603080) | 1.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Gas Utilities) | 3.3% |
Analyst forecast in 3 Years (603080) | n/a |
Notable Dividend: 603080's dividend (1.42%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603080's dividend (1.42%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23%), 603080's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.4%), 603080's dividend payments are thoroughly covered by cash flows.