Chengdu Xingrong Environment Dividend
Dividend criteria checks 4/6
Chengdu Xingrong Environment is a dividend paying company with a current yield of 2.29% that is well covered by earnings. Last payment was on 26th June, 2024 with an ex-dividend date of 26th June, 2024.
Key information
2.3%
Dividend yield
26%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 26 Jun 24 |
Ex dividend date | 26 Jun 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.65 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (598) | 2.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Water Utilities) | 2.7% |
Analyst forecast in 3 Years (598) | 2.3% |
Notable Dividend: 000598's dividend (2.29%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 000598's dividend (2.29%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
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.