Shanghai Guangdian Electric Group Dividend
Dividend criteria checks 3/6
Shanghai Guangdian Electric Group is a dividend paying company with a current yield of 1.83%.
Key information
1.8%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 17.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.070 |
| Payout ratio | 132% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601616) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (601616) (up to 3 years) | n/a |
Notable Dividend: 601616's dividend (1.83%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 601616's dividend (1.83%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (132%), 601616's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.9%), 601616's dividend payments are well covered by cash flows.