Shanxi Lu'an Environmental Energy Development Dividend
Dividend criteria checks 4/6
Shanxi Lu'an Environmental Energy Development is a dividend paying company with a current yield of 10.47% that is well covered by earnings.
Key information
10.5%
Dividend yield
82%
Payout ratio
Industry average yield | 6.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥1.589 |
Earnings per share | CN¥1.95 |
Dividend yield forecast in 3Y | 10.4% |
Recent dividend updates
No updates
Recent updates
Returns At Shanxi Lu'an Environmental Energy Development (SHSE:601699) Appear To Be Weighed Down
Jul 29Is Shanxi Lu'an Environmental Energy Development Co., Ltd. (SHSE:601699) Trading At A 21% Discount?
Jun 07Here's Why Shanxi Lu'an Environmental Energy Development (SHSE:601699) Can Manage Its Debt Responsibly
May 07Why Investors Shouldn't Be Surprised By Shanxi Lu'an Environmental Energy Development Co., Ltd.'s (SHSE:601699) 26% Share Price Plunge
Apr 08Shanxi Lu'an Environmental Energy Development (SHSE:601699) Is Investing Its Capital With Increasing Efficiency
Mar 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601699 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601699's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Shanxi Lu'an Environmental Energy Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601699) | 10.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Oil and Gas) | 6.8% |
Analyst forecast in 3 Years (601699) | 10.4% |
Notable Dividend: 601699's dividend (10.47%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 601699's dividend (10.47%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.5%), 601699's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.7%), 601699's dividend payments are covered by cash flows.