Shanxi Guoxin Energy Corporation Limited

SHSE:600617 Stock Report

Market Cap: CN¥4.8b

Shanxi Guoxin Energy Dividend

Dividend criteria checks 3/6

Shanxi Guoxin Energy is a dividend paying company with a current yield of 4.08%.

Key information

4.1%

Dividend yield

220%

Payout ratio

Industry average yield6.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.043
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Even With A 31% Surge, Cautious Investors Are Not Rewarding Shanxi Guoxin Energy Corporation Limited's (SHSE:600617) Performance Completely

May 21
Even With A 31% Surge, Cautious Investors Are Not Rewarding Shanxi Guoxin Energy Corporation Limited's (SHSE:600617) Performance Completely

There May Be Underlying Issues With The Quality Of Shanxi Guoxin Energy's (SHSE:600617) Earnings

May 07
There May Be Underlying Issues With The Quality Of Shanxi Guoxin Energy's (SHSE:600617) Earnings

Shanxi Guoxin Energy's (SHSE:600617) Returns On Capital Not Reflecting Well On The Business

Apr 17
Shanxi Guoxin Energy's (SHSE:600617) Returns On Capital Not Reflecting Well On The Business

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600617 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 600617 has only been paying a dividend for 9 years, and since then payments have fallen.


Dividend Yield vs Market

Shanxi Guoxin Energy Dividend Yield vs Market
How does 600617 dividend yield compare to the market?
SegmentDividend Yield
Company (600617)4.1%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.5%
Industry Average (Oil and Gas)6.0%
Analyst forecast in 3 Years (600617)n/a

Notable Dividend: 600617's dividend (4.08%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).

High Dividend: 600617's dividend (4.08%) is in the top 25% of dividend payers in the CN market (2.51%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (220.3%), 600617's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (14.7%), 600617's dividend payments are thoroughly covered by cash flows.


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