Chongqing Wangbian Electric (Group) Dividend
Dividend criteria checks 2/6
Chongqing Wangbian Electric (Group) is a dividend paying company with a current yield of 1.06% that is well covered by earnings.
Key information
1.1%
Dividend yield
19%
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¥0.53 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603191's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603191's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Chongqing Wangbian Electric (Group) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603191) | 1.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electrical) | 1.8% |
Analyst forecast in 3 Years (603191) | 2.4% |
Notable Dividend: 603191's dividend (1.06%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603191's dividend (1.06%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.1%), 603191's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603191 is paying a dividend but the company has no free cash flows.