China Southern Power Grid TechnologyLtd Dividend
Dividend criteria checks 2/6
China Southern Power Grid TechnologyLtd is a dividend paying company with a current yield of 0.6% that is well covered by earnings.
Key information
0.6%
Dividend yield
33%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.52 |
| Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
Recent updates
China Southern Power Grid TechnologyLtd's (SHSE:688248) Solid Earnings Have Been Accounted For Conservatively
Apr 05
The Consensus EPS Estimates For China Southern Power Grid Technology Co.,Ltd (SHSE:688248) Just Fell Dramatically
Apr 03China Southern Power Grid Technology Co.,Ltd Recorded A 38% Miss On Revenue: Analysts Are Revisiting Their Models
Apr 02China Southern Power Grid TechnologyLtd (SHSE:688248) Could Easily Take On More Debt
Mar 28Investors Appear Satisfied With China Southern Power Grid Technology Co.,Ltd's (SHSE:688248) Prospects As Shares Rocket 26%
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688248 has been paying a dividend for less than 10 years.
Growing Dividend: 688248's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| China Southern Power Grid TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688248) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Construction) | 3.4% |
| Analyst forecast in 3 Years (688248) | 0.5% |
Notable Dividend: 688248's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688248's dividend (0.6%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.5%), 688248's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.2%), 688248's dividend payments are well covered by cash flows.