China Nuclear Engineering Dividend
Dividend criteria checks 2/6
China Nuclear Engineering is a dividend paying company with a current yield of 1.05% that is well covered by earnings.
Key information
1.0%
Dividend yield
14%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.087 |
| Earnings per share | CN¥0.70 |
| Dividend yield forecast | 1.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601611 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601611's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| China Nuclear Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601611) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Construction) | 2.8% |
| Analyst forecast (601611) (up to 3 years) | 1.7% |
Notable Dividend: 601611's dividend (1.05%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 601611's dividend (1.05%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.3%), 601611's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601611 is paying a dividend but the company has no free cash flows.