Shanghai Tunnel Engineering Dividend
Dividend criteria checks 4/6
Shanghai Tunnel Engineering is a dividend paying company with a current yield of 6.52% that is well covered by earnings. Next payment date is on 16th August, 2024 with an ex-dividend date of 16th August, 2024.
Key information
6.5%
Dividend yield
36%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | 16 Aug 24 |
Ex dividend date | 16 Aug 24 |
Dividend per share | CN¥0.460 |
Earnings per share | CN¥0.94 |
Dividend yield forecast in 3Y | 6.4% |
Recent dividend updates
No updates
Recent updates
Shanghai Tunnel Engineering (SHSE:600820) Has A Somewhat Strained Balance Sheet
Jul 19Shanghai Tunnel Engineering (SHSE:600820) Is Reinvesting At Lower Rates Of Return
May 27Shanghai Tunnel Engineering's (SHSE:600820) Earnings Are Of Questionable Quality
Apr 25Shanghai Tunnel Engineering Co., Ltd. (SHSE:600820) Analysts Are Pretty Bullish On The Stock After Recent Results
Apr 22Investors Don't See Light At End Of Shanghai Tunnel Engineering Co., Ltd.'s (SHSE:600820) Tunnel
Apr 16Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600820's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600820's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shanghai Tunnel Engineering Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600820) | 6.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Construction) | 3.5% |
Analyst forecast in 3 Years (600820) | 6.4% |
Notable Dividend: 600820's dividend (6.52%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600820's dividend (6.52%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.6%), 600820's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (136.1%), 600820's dividend payments are not well covered by cash flows.