Xi'an Shaangu Power Co., Ltd.

SHSE:601369 Stock Report

Market Cap: CN¥15.3b

Xi'an Shaangu Power Dividend

Dividend criteria checks 4/6

Xi'an Shaangu Power is a dividend paying company with a current yield of 4.05%. Next payment date is on 11th October, 2024 with an ex-dividend date of 11th October, 2024.

Key information

4.1%

Dividend yield

103%

Payout ratio

Industry average yield1.5%
Next dividend pay date11 Oct 24
Ex dividend date11 Oct 24
Dividend per shareCN¥0.360
Earnings per shareCN¥0.55
Dividend yield forecast6.4%

Recent dividend updates

Recent updates

These 4 Measures Indicate That Xi'an Shaangu Power (SHSE:601369) Is Using Debt Safely

Sep 25
These 4 Measures Indicate That Xi'an Shaangu Power (SHSE:601369) Is Using Debt Safely

Xi'an Shaangu Power Co., Ltd.'s (SHSE:601369) Low P/E No Reason For Excitement

Jul 16
Xi'an Shaangu Power Co., Ltd.'s (SHSE:601369) Low P/E No Reason For Excitement

Xi'an Shaangu Power (SHSE:601369) Has A Pretty Healthy Balance Sheet

Jun 20
Xi'an Shaangu Power (SHSE:601369) Has A Pretty Healthy Balance Sheet

Investors Will Want Xi'an Shaangu Power's (SHSE:601369) Growth In ROCE To Persist

May 30
Investors Will Want Xi'an Shaangu Power's (SHSE:601369) Growth In ROCE To Persist

Concerns Surrounding Xi'an Shaangu Power's (SHSE:601369) Performance

May 06
Concerns Surrounding Xi'an Shaangu Power's (SHSE:601369) Performance

Xi'an Shaangu Power Co., Ltd. (SHSE:601369) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Apr 21
Xi'an Shaangu Power Co., Ltd. (SHSE:601369) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Is Xi'an Shaangu Power Co., Ltd. (SHSE:601369) Worth CN¥9.7 Based On Its Intrinsic Value?

Apr 18
Is Xi'an Shaangu Power Co., Ltd. (SHSE:601369) Worth CN¥9.7 Based On Its Intrinsic Value?

Xi'an Shaangu Power Co., Ltd.'s (SHSE:601369) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Mar 04
Xi'an Shaangu Power Co., Ltd.'s (SHSE:601369) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Upcoming Dividend Payment

TodayOct 06 2024Ex Dividend DateOct 11 2024Dividend Pay DateOct 11 20240 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 601369's dividend payments have been volatile in the past 10 years.

Growing Dividend: 601369's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Xi'an Shaangu Power Dividend Yield vs Market
How does 601369 dividend yield compare to the market?
SegmentDividend Yield
Company (601369)4.1%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Electrical)1.5%
Analyst forecast (601369) (up to 3 years)6.4%

Notable Dividend: 601369's dividend (4.05%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).

High Dividend: 601369's dividend (4.05%) is in the top 25% of dividend payers in the CN market (2.21%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (102.8%), 601369's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (63.9%), 601369's dividend payments are covered by cash flows.


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