Shanghai Guangdian Electric Group Dividend
Dividend criteria checks 3/6
Shanghai Guangdian Electric Group is a dividend paying company with a current yield of 2.19%.
Key information
2.2%
Dividend yield
238%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.03 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601616's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601616's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shanghai Guangdian Electric Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601616) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electrical) | 1.7% |
Analyst forecast in 3 Years (601616) | n/a |
Notable Dividend: 601616's dividend (2.19%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601616's dividend (2.19%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (237.7%), 601616's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.8%), 601616's dividend payments are well covered by cash flows.