Jiangxi Bestoo EnergyLtd Dividend
Dividend criteria checks 3/6
Jiangxi Bestoo EnergyLtd is a dividend paying company with a current yield of 0.86% that is well covered by earnings.
Key information
0.9%
Dividend yield
32%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.28 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 001376's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 001376's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Jiangxi Bestoo EnergyLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (1376) | 0.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.3% |
Industry Average (Water Utilities) | 2.5% |
Analyst forecast in 3 Years (1376) | n/a |
Notable Dividend: 001376's dividend (0.86%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 001376's dividend (0.86%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), 001376's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87%), 001376's dividend payments are covered by cash flows.