Xinjiang Torch Gas Dividend
Dividend criteria checks 4/6
Xinjiang Torch Gas is a dividend paying company with a current yield of 3.01% that is well covered by earnings.
Key information
3.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 43.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.470 |
| Payout ratio | 47% |
Recent dividend updates
No 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603080) | 3.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Gas Utilities) | 3.1% |
| Analyst forecast (603080) (up to 3 years) | n/a |
Notable Dividend: 603080's dividend (3.01%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 603080's dividend (3.01%) is in the top 25% of dividend payers in the CN market (2.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.5%), 603080's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.1%), 603080's dividend payments are well covered by cash flows.