Shanxi Coking Coal Energy Group Dividends and Buybacks
Dividend criteria checks 5/6
Shanxi Coking Coal Energy Group is a dividend paying company with a current yield of 9.77% that is well covered by earnings.
Key information
9.8%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 9.8% |
| Future Dividend Yield | 6.9% |
| Dividend Growth | 27.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.800 |
| Payout ratio | 71% |
Recent dividend and buyback 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 (000983) | 9.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Oil and Gas) | 6.4% |
| Analyst forecast (000983) (up to 3 years) | 6.9% |
Notable Dividend: 000983's dividend (9.77%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000983's dividend (9.77%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.2%), 000983's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.4%), 000983's dividend payments are covered by cash flows.