Xinjiang East Universe GasLtd Dividend
Dividend criteria checks 4/6
Xinjiang East Universe GasLtd is a dividend paying company with a current yield of 4.39% that is well covered by earnings.
Key information
4.4%
Dividend yield
87%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.04 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603706 has been paying a dividend for less than 10 years.
Growing Dividend: 603706's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Xinjiang East Universe GasLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603706) | 4.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Gas Utilities) | 3.6% |
Analyst forecast in 3 Years (603706) | n/a |
Notable Dividend: 603706's dividend (4.39%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 603706's dividend (4.39%) is in the top 25% of dividend payers in the CN market (2.42%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.4%), 603706's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.6%), 603706's dividend payments are well covered by cash flows.