Guangxi Nanning WaterworksLtd Dividend
Dividend criteria checks 1/6
Guangxi Nanning WaterworksLtd is a dividend paying company with a current yield of 0.66% that is well covered by earnings.
Key information
0.7%
Dividend yield
36%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.072 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601368 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601368 has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
Guangxi Nanning WaterworksLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601368) | 0.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Water Utilities) | 2.7% |
Analyst forecast in 3 Years (601368) | n/a |
Notable Dividend: 601368's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 601368's dividend (0.66%) is low compared to the top 25% of dividend payers in the CN market (2.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36%), 601368's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601368 is paying a dividend but the company has no free cash flows.