Shuifa Energas Gas Dividends and Buybacks
Dividend criteria checks 2/6
Shuifa Energas Gas is a dividend paying company with a current yield of 0.32% that is well covered by earnings.
Key information
0.3%
Dividend yield
-2.4%
Buyback Yield
| Total Shareholder Yield | -2.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.030 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603318 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603318 has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Shuifa Energas Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603318) | 0.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Energy Services) | 1.6% |
| Analyst forecast (603318) (up to 3 years) | n/a |
Notable Dividend: 603318's dividend (0.32%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603318's dividend (0.32%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), 603318's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.2%), 603318's dividend payments are thoroughly covered by cash flows.