Jilin Province Chuncheng Heating Dividend
Dividend criteria checks 2/6
Jilin Province Chuncheng Heating is a dividend paying company with a current yield of 6.99% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 28th May, 2024.
Key information
7.0%
Dividend yield
35%
Payout ratio
| Industry average yield | 7.5% |
| Next dividend pay date | 05 Jul 24 |
| Ex dividend date | 28 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.26 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Jilin Province Chuncheng Heating (HKG:1853) Is Paying Out Less In Dividends Than Last Year
May 22
Calculating The Fair Value Of Jilin Province Chuncheng Heating Company Limited (HKG:1853)
Feb 08Here's Why Jilin Province Chuncheng Heating (HKG:1853) Has A Meaningful Debt Burden
Dec 06Jilin Province Chuncheng Heating (HKG:1853) Has More To Do To Multiply In Value Going Forward
Oct 26Lacklustre Performance Is Driving Jilin Province Chuncheng Heating Company Limited's (HKG:1853) Low P/E
Aug 20Estimating The Fair Value Of Jilin Province Chuncheng Heating Company Limited (HKG:1853)
Jul 15Jilin Province Chuncheng Heating (HKG:1853) Is Paying Out A Larger Dividend Than Last Year
May 23Returns On Capital Are Showing Encouraging Signs At Jilin Province Chuncheng Heating (HKG:1853)
Mar 16We Like These Underlying Return On Capital Trends At Jilin Province Chuncheng Heating (HKG:1853)
May 24Jilin Province Chuncheng Heating Company Limited (HKG:1853) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Feb 01Jilin Province Chuncheng Heating (HKG:1853) Share Prices Have Dropped 12% In The Last Year
Jan 06Does Jilin Province Chuncheng Heating (HKG:1853) Have A Healthy Balance Sheet?
Dec 11Will The ROCE Trend At Jilin Province Chuncheng Heating (HKG:1853) Continue?
Nov 24
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1853 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1853 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Jilin Province Chuncheng Heating Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1853) | 7.0% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Water Utilities) | 7.5% |
| Analyst forecast in 3 Years (1853) | n/a |
Notable Dividend: 1853's dividend (6.99%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1853's dividend (6.99%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.6%), 1853's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 1853's cash payout ratio to determine if its dividend payments are covered by cash flows.