State Grid YingdaLtd Dividend
Dividend criteria checks 2/6
State Grid YingdaLtd is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
23%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.24 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600517's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600517's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| State Grid YingdaLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600517) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electrical) | 1.8% |
| Analyst forecast in 3 Years (600517) | n/a |
Notable Dividend: 600517's dividend (1.19%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600517's dividend (1.19%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.4%), 600517's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600517 is paying a dividend but the company has no free cash flows.