Chengdu Xingrong Environment Dividend
Dividend criteria checks 4/6
Chengdu Xingrong Environment is a dividend paying company with a current yield of 2.15% that is well covered by earnings.
Key information
2.1%
Dividend yield
26%
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¥0.65 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Recent updates
Chengdu Xingrong Environment (SZSE:000598) Will Pay A Larger Dividend Than Last Year At CN¥0.17
Jun 23
Slowing Rates Of Return At Chengdu Xingrong Environment (SZSE:000598) Leave Little Room For Excitement
May 22We Think Chengdu Xingrong Environment (SZSE:000598) Is Taking Some Risk With Its Debt
May 06Chengdu Xingrong Environment Co., Ltd. Just Missed Revenue By 5.1%: Here's What Analysts Think Will Happen Next
Apr 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000598's dividends per share have been stable in the past 10 years.
Growing Dividend: 000598's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chengdu Xingrong Environment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000598) | 2.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Water Utilities) | 2.6% |
| Analyst forecast in 3 Years (000598) | 2.1% |
Notable Dividend: 000598's dividend (2.15%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 000598's dividend (2.15%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.3%), 000598's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000598 is paying a dividend but the company has no free cash flows.