Anhui Tongyuan Environment Energy SavingLtd Dividend
Dividend criteria checks 2/6
Anhui Tongyuan Environment Energy SavingLtd is a dividend paying company with a current yield of 0.81% that is well covered by earnings. Next payment date is on 23rd May, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
0.8%
Dividend yield
35%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | 23 May 24 |
Ex dividend date | 23 May 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.22 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688679 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688679 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Anhui Tongyuan Environment Energy SavingLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688679) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Commercial Services) | 1.4% |
Analyst forecast in 3 Years (688679) | n/a |
Notable Dividend: 688679's dividend (0.81%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 688679's dividend (0.81%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.5%), 688679's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688679 is paying a dividend but the company has no free cash flows.