China Resources and EnvironmentLtd Dividends and Buybacks
Dividend criteria checks 2/6
China Resources and EnvironmentLtd is a dividend paying company with a current yield of 1.01% that is well covered by earnings.
Key information
1.0%
Dividend yield
-8.6%
Buyback Yield
| Total Shareholder Yield | -7.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 122.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.062 |
| Payout ratio | 58% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600217 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600217's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| China Resources and EnvironmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600217) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Commercial Services) | 1.4% |
| Analyst forecast (600217) (up to 3 years) | n/a |
Notable Dividend: 600217's dividend (1.01%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600217's dividend (1.01%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.8%), 600217's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600217 is paying a dividend but the company has no free cash flows.