Beijing Jingneng Thermal Dividends and Buybacks
Dividend criteria checks 3/6
Beijing Jingneng Thermal is a dividend paying company with a current yield of 0.7% that is well covered by earnings.
Key information
0.7%
Dividend yield
-14.0%
Buyback Yield
| Total Shareholder Yield | -13.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.080 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002893 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002893's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Beijing Jingneng Thermal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002893) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002893) (up to 3 years) | n/a |
Notable Dividend: 002893's dividend (0.7%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002893's dividend (0.7%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34%), 002893's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.8%), 002893's dividend payments are covered by cash flows.