Shanxi Coking Coal Energy Group Dividend
Dividend criteria checks 5/6
Shanxi Coking Coal Energy Group is a dividend paying company with a current yield of 7.62% that is well covered by earnings.
Key information
7.6%
Dividend yield
86%
Payout ratio
| Industry average yield | 7.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.93 |
| Dividend yield forecast in 3Y | 9.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000983's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000983's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shanxi Coking Coal Energy Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (983) | 7.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Oil and Gas) | 7.0% |
| Analyst forecast in 3 Years (983) | 9.2% |
Notable Dividend: 000983's dividend (7.62%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000983's dividend (7.62%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.8%), 000983's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.2%), 000983's dividend payments are covered by cash flows.