Shanghai Tunnel Engineering Dividends and Buybacks
Dividend criteria checks 5/6
Shanghai Tunnel Engineering is a dividend paying company with a current yield of 6.87% that is well covered by earnings.
Key information
6.9%
Dividend yield
-9.5%
Buyback Yield
| Total Shareholder Yield | -2.7% |
| Future Dividend Yield | 5.3% |
| Dividend Growth | 12.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.460 |
| Payout ratio | 36% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600820) | 6.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Construction) | 3.2% |
| Analyst forecast (600820) (up to 3 years) | 5.3% |
Notable Dividend: 600820's dividend (6.87%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600820's dividend (6.87%) is in the top 25% of dividend payers in the CN market (2.15%)
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 reasonably low cash payout ratio (39%), 600820's dividend payments are well covered by cash flows.