Anhui Province Natural Gas DevelopmentCo.Ltd Dividends and Buybacks
Dividend criteria checks 3/6
Anhui Province Natural Gas DevelopmentCo.Ltd is a dividend paying company with a current yield of 3.82% that is well covered by earnings.
Key information
3.8%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 21.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.350 |
| Payout ratio | 52% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603689 has been paying a dividend for less than 10 years.
Growing Dividend: 603689's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Anhui Province Natural Gas DevelopmentCo.Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603689) | 3.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Oil and Gas) | 6.1% |
| Analyst forecast (603689) (up to 3 years) | n/a |
Notable Dividend: 603689's dividend (3.82%) is higher than the bottom 25% of dividend payers in the CN market (0.52%).
High Dividend: 603689's dividend (3.82%) is in the top 25% of dividend payers in the CN market (2.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52%), 603689's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (220.6%), 603689's dividend payments are not well covered by cash flows.