Shaanxi Construction Engineering Group Dividend
Dividend criteria checks 3/6
Shaanxi Construction Engineering Group is a dividend paying company with a current yield of 2.51% that is well covered by earnings.
Key information
2.5%
Dividend yield
11%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.05 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 600248 has been paying a dividend for less than 10 years.
Growing Dividend: 600248's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Shaanxi Construction Engineering Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600248) | 2.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Construction) | 3.4% |
Analyst forecast in 3 Years (600248) | n/a |
Notable Dividend: 600248's dividend (2.51%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600248's dividend (2.51%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.6%), 600248's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600248 is paying a dividend but the company has no free cash flows.