Jiangsu United Water TechnologyLtd Dividend
Dividend criteria checks 2/6
Jiangsu United Water TechnologyLtd is a dividend paying company with a current yield of 0.48% that is well covered by earnings.
Key information
0.5%
Dividend yield
18%
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¥0.42 |
Dividend yield forecast in 3Y | 0.5% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (603291) | 0.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Water Utilities) | 2.6% |
Analyst forecast in 3 Years (603291) | 0.5% |
Notable Dividend: 603291's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603291's dividend (0.48%) is low compared to the top 25% of dividend payers in the CN market (2.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.3%), 603291's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.2%), 603291's dividend payments are covered by cash flows.