Shanghai Tunnel Engineering Dividend
Dividend criteria checks 4/6
Shanghai Tunnel Engineering is a dividend paying company with a current yield of 6.77% that is well covered by earnings.
Key information
6.8%
Dividend yield
35%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.93 |
Dividend yield forecast in 3Y | 6.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600820's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600820's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shanghai Tunnel Engineering Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600820) | 6.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Construction) | 3.3% |
Analyst forecast in 3 Years (600820) | 6.0% |
Notable Dividend: 600820's dividend (6.77%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 600820's dividend (6.77%) is in the top 25% of dividend payers in the CN market (2.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.5%), 600820's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (129.4%), 600820's dividend payments are not well covered by cash flows.