China National Electric Apparatus Research Institute Co., Ltd.

SHSE:688128 Stock Report

Market Cap: CN¥7.9b

China National Electric Apparatus Research Institute Dividend

Dividend criteria checks 3/6

China National Electric Apparatus Research Institute is a dividend paying company with a current yield of 2.3% that is well covered by earnings.

Key information

2.3%

Dividend yield

44%

Payout ratio

Industry average yield1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥1.03
Dividend yield forecast in 3Y3.2%

Recent dividend updates

No updates

Recent updates

We Think You Should Be Aware Of Some Concerning Factors In China National Electric Apparatus Research Institute's (SHSE:688128) Earnings

Apr 29
We Think You Should Be Aware Of Some Concerning Factors In China National Electric Apparatus Research Institute's (SHSE:688128) Earnings

Return Trends At China National Electric Apparatus Research Institute (SHSE:688128) Aren't Appealing

Mar 27
Return Trends At China National Electric Apparatus Research Institute (SHSE:688128) Aren't Appealing

China National Electric Apparatus Research Institute Co., Ltd.'s (SHSE:688128) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Mar 06
China National Electric Apparatus Research Institute Co., Ltd.'s (SHSE:688128) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Does China National Electric Apparatus Research Institute (SHSE:688128) Have A Healthy Balance Sheet?

Mar 01
Does China National Electric Apparatus Research Institute (SHSE:688128) Have A Healthy Balance Sheet?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 688128 has been paying a dividend for less than 10 years.

Growing Dividend: 688128's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

China National Electric Apparatus Research Institute Dividend Yield vs Market
How does 688128 dividend yield compare to the market?
SegmentDividend Yield
Company (688128)2.3%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Electrical)1.7%
Analyst forecast in 3 Years (688128)3.2%

Notable Dividend: 688128's dividend (2.3%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).

High Dividend: 688128's dividend (2.3%) is in the top 25% of dividend payers in the CN market (2.24%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.6%), 688128's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (91.2%), 688128's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.