Xinjiang Torch Gas Dividend
Dividend criteria checks 4/6
Xinjiang Torch Gas is a dividend paying company with a current yield of 3.43% that is well covered by earnings.
Key information
3.4%
Dividend yield
46%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.470 |
Earnings per share | CN¥1.03 |
Dividend yield forecast in 3Y | n/a |
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 |
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Segment | Dividend Yield |
---|---|
Company (603080) | 3.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Gas Utilities) | 3.2% |
Analyst forecast in 3 Years (603080) | n/a |
Notable Dividend: 603080's dividend (3.43%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603080's dividend (3.43%) is in the top 25% of dividend payers in the CN market (2.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.6%), 603080's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.8%), 603080's dividend payments are well covered by cash flows.