Luzhou Xinglu Water (Group) Dividend
Dividend criteria checks 4/6
Luzhou Xinglu Water (Group) is a dividend paying company with a current yield of 8.43% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 5th July, 2024.
Key information
8.4%
Dividend yield
21%
Payout ratio
| Industry average yield | 6.4% |
| Next dividend pay date | 31 Jul 24 |
| Ex dividend date | 05 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.24 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055
Jun 12
Luzhou Xinglu Water (Group)'s (HKG:2281) Dividend Will Be Reduced To HK$0.059
Jun 13Recent updates
Luzhou Xinglu Water (Group) (HKG:2281) Has More To Do To Multiply In Value Going Forward
May 13Luzhou Xinglu Water (Group) (HKG:2281) Use Of Debt Could Be Considered Risky
Aug 30Luzhou Xinglu Water (Group) (HKG:2281) Has Announced A Dividend Of CN¥0.055
Jun 12Here's What To Make Of Luzhou Xinglu Water (Group)'s (HKG:2281) Decelerating Rates Of Return
Sep 01Luzhou Xinglu Water (Group)'s (HKG:2281) Dividend Will Be Reduced To HK$0.059
Jun 13Here's Why Luzhou Xinglu Water (Group) (HKG:2281) Has A Meaningful Debt Burden
Sep 20Luzhou Xinglu Water (Group) (HKG:2281) Is Due To Pay A Dividend Of HK$0.073
Jun 13Luzhou Xinglu Water (Group) (HKG:2281) Is Reinvesting At Lower Rates Of Return
May 09A Look At Luzhou Xinglu Water (Group)'s (HKG:2281) Share Price Returns
Mar 14Is Luzhou Xinglu Water (Group) (HKG:2281) Likely To Turn Things Around?
Feb 07What Did Luzhou Xinglu Water (Group)'s (HKG:2281) CEO Take Home Last Year?
Dec 27Is Luzhou Xinglu Water (Group) Co., Ltd. (HKG:2281) A Risky Dividend Stock?
Dec 09What Type Of Returns Would Luzhou Xinglu Water (Group)'s(HKG:2281) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 24Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2281 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2281 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Luzhou Xinglu Water (Group) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2281) | 8.4% |
| Market Bottom 25% (HK) | 3.1% |
| Market Top 25% (HK) | 7.5% |
| Industry Average (Water Utilities) | 6.4% |
| Analyst forecast in 3 Years (2281) | n/a |
Notable Dividend: 2281's dividend (8.43%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.11%).
High Dividend: 2281's dividend (8.43%) is in the top 25% of dividend payers in the Hong Kong market (7.47%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.8%), 2281's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.7%), 2281's dividend payments are well covered by cash flows.