Zhejiang Fuchunjiang Environmental ThermoelectricLTD Dividend
Dividend criteria checks 4/6
Zhejiang Fuchunjiang Environmental ThermoelectricLTD is a dividend paying company with a current yield of 4.21% that is well covered by earnings.
Key information
4.2%
Dividend yield
68%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.23 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002479 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002479's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Zhejiang Fuchunjiang Environmental ThermoelectricLTD Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002479) | 4.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Renewable Energy) | 2.4% |
Analyst forecast in 3 Years (002479) | n/a |
Notable Dividend: 002479's dividend (4.21%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002479's dividend (4.21%) is in the top 25% of dividend payers in the CN market (2.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.5%), 002479's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.9%), 002479's dividend payments are well covered by cash flows.