Jiangsu United Water TechnologyLtd Dividends and Buybacks
Dividend criteria checks 3/6
Jiangsu United Water TechnologyLtd is a dividend paying company with a current yield of 0.62% that is well covered by earnings.
Key information
0.6%
Dividend yield
0.002%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 0.6% |
| Dividend Growth | 14.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.070 |
| Payout ratio | 42% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603291's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603291's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Jiangsu United Water TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603291) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Water Utilities) | 2.4% |
| Analyst forecast (603291) (up to 3 years) | 0.6% |
Notable Dividend: 603291's dividend (0.62%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603291's dividend (0.62%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.9%), 603291's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.2%), 603291's dividend payments are well covered by cash flows.