China National Electric Apparatus Research Institute Co., Ltd.

XSSC:688128 Stock Report

Market Cap: CN¥8.5b

China National Electric Apparatus Research Institute Dividends and Buybacks

Dividend criteria checks 3/6

China National Electric Apparatus Research Institute is a dividend paying company with a current yield of 2.15% that is well covered by earnings.

Key information

2.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.1%
Dividend Growth11.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.450
Payout ratio41%

Recent dividend and buyback updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 688128 has been paying a dividend for less than 10 years.

Growing Dividend: 688128's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

China National Electric Apparatus Research Institute Dividend Yield vs Market
How does 688128 dividend yield compare to the market?
SegmentDividend Yield
Company (688128)2.1%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Electrical)1.5%
Analyst forecast (688128) (up to 3 years)2.1%

Notable Dividend: 688128's dividend (2.15%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 688128's dividend (2.15%) is low compared to the top 25% of dividend payers in the CN market (2.17%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.3%), 688128's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (61.8%), 688128's dividend payments are covered by cash flows.


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