Shanghai Datun Energy Resources Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Datun Energy Resources is a dividend paying company with a current yield of 2.97%.
Key information
3.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 16.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 165% |
Recent dividend and buyback updates
No updates
Recent updates
Why Shanghai Datun Energy Resources' (SHSE:600508) Shaky Earnings Are Just The Beginning Of Its Problems
Oct 30
Shanghai Datun Energy Resources Co., Ltd. (SHSE:600508) Not Lagging Industry On Growth Or Pricing
Sep 25Here's Why Shanghai Datun Energy Resources (SHSE:600508) Can Manage Its Debt Responsibly
Jul 16Many Still Looking Away From Shanghai Datun Energy Resources Co., Ltd. (SHSE:600508)
Jun 20Here's What's Concerning About Shanghai Datun Energy Resources' (SHSE:600508) Returns On Capital
May 23Investors Continue Waiting On Sidelines For Shanghai Datun Energy Resources Co., Ltd. (SHSE:600508)
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600508 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600508's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shanghai Datun Energy Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600508) | 3.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Oil and Gas) | 6.4% |
| Analyst forecast (600508) (up to 3 years) | n/a |
Notable Dividend: 600508's dividend (2.97%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600508's dividend (2.97%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (165.3%), 600508's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (358.4%), 600508's dividend payments are not well covered by cash flows.