Shanghai Datun Energy Resources Dividend
Dividend criteria checks 4/6
Shanghai Datun Energy Resources is a dividend paying company with a current yield of 2.74% that is well covered by earnings.
Key information
2.7%
Dividend yield
68%
Payout ratio
Industry average yield | 5.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.60 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600508's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600508's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shanghai Datun Energy Resources Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600508) | 2.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Oil and Gas) | 5.7% |
Analyst forecast in 3 Years (600508) | n/a |
Notable Dividend: 600508's dividend (2.74%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600508's dividend (2.74%) is in the top 25% of dividend payers in the CN market (2.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.9%), 600508's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600508 is paying a dividend but the company has no free cash flows.