Xinjiang Xintai Natural Gas Dividend
Dividend criteria checks 3/6
Xinjiang Xintai Natural Gas is a dividend paying company with a current yield of 1.75% that is well covered by earnings.
Key information
1.7%
Dividend yield
29%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.07 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603393 has been paying a dividend for less than 10 years.
Growing Dividend: 603393's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Xinjiang Xintai Natural Gas Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603393) | 1.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Gas Utilities) | 3.3% |
Analyst forecast in 3 Years (603393) | 3.4% |
Notable Dividend: 603393's dividend (1.75%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603393's dividend (1.75%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29%), 603393's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.1%), 603393's dividend payments are well covered by cash flows.