Shanxi Lu'an Environmental Energy Development Dividend
Dividend criteria checks 3/6
Shanxi Lu'an Environmental Energy Development is a dividend paying company with a current yield of 10.11%.
Key information
10.1%
Dividend yield
98%
Payout ratio
| Industry average yield | 6.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.589 |
| Earnings per share | CN¥1.62 |
| Dividend yield forecast | 6.1% |
Recent dividend updates
No updates
Recent updates
Are Investors Undervaluing Shanxi Lu'an Environmental Energy Development Co., Ltd. (SHSE:601699) By 33%?
Oct 07
Shanxi Lu'an Environmental Energy Development (SHSE:601699) Has A Pretty Healthy Balance Sheet
Sep 18Shanxi Lu'an Environmental Energy Development's (SHSE:601699) Conservative Accounting Might Explain Soft Earnings
Sep 02Returns At Shanxi Lu'an Environmental Energy Development (SHSE:601699) Appear To Be Weighed Down
Jul 29Is Shanxi Lu'an Environmental Energy Development Co., Ltd. (SHSE:601699) Trading At A 21% Discount?
Jun 07Here's Why Shanxi Lu'an Environmental Energy Development (SHSE:601699) Can Manage Its Debt Responsibly
May 07Why Investors Shouldn't Be Surprised By Shanxi Lu'an Environmental Energy Development Co., Ltd.'s (SHSE:601699) 26% Share Price Plunge
Apr 08Shanxi Lu'an Environmental Energy Development (SHSE:601699) Is Investing Its Capital With Increasing Efficiency
Mar 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601699 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601699's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Shanxi Lu'an Environmental Energy Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601699) | 10.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Oil and Gas) | 6.2% |
| Analyst forecast (601699) (up to 3 years) | 6.1% |
Notable Dividend: 601699's dividend (10.11%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).
High Dividend: 601699's dividend (10.11%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (98.2%), 601699's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.5%), 601699's dividend payments are covered by cash flows.