Chengdu Xingrong Environment Dividends and Buybacks
Dividend criteria checks 5/6
Chengdu Xingrong Environment is a dividend paying company with a current yield of 2.37% that is well covered by earnings.
Key information
2.4%
Dividend yield
0.007%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 12.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.170 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Improved Earnings Required Before Chengdu Xingrong Environment Co., Ltd. (SZSE:000598) Shares Find Their Feet
Nov 12
Does Chengdu Xingrong Environment (SZSE:000598) Have A Healthy Balance Sheet?
Sep 30Returns On Capital At Chengdu Xingrong Environment (SZSE:000598) Have Hit The Brakes
Aug 23Chengdu Xingrong Environment Co., Ltd.'s (SZSE:000598) Shares Lagging The Market But So Is The Business
Jul 16Chengdu Xingrong Environment (SZSE:000598) Will Pay A Larger Dividend Than Last Year At CN¥0.17
Jun 23Slowing 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) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Water Utilities) | 2.4% |
| Analyst forecast (000598) (up to 3 years) | 2.4% |
Notable Dividend: 000598's dividend (2.37%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000598's dividend (2.37%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.5%), 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.