China Suntien Green Energy Dividend
Dividend criteria checks 4/6
China Suntien Green Energy is a dividend paying company with a current yield of 6.72% that is well covered by earnings.
Key information
6.7%
Dividend yield
41%
Payout ratio
| Industry average yield | 6.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.214 |
| Earnings per share | CN¥0.51 |
| Dividend yield forecast | 9.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600956's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600956's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Suntien Green Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600956) | 6.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Oil and Gas) | 6.1% |
| Analyst forecast (600956) (up to 3 years) | 9.1% |
Notable Dividend: 600956's dividend (6.72%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600956's dividend (6.72%) is in the top 25% of dividend payers in the CN market (2.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.5%), 600956's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600956 is paying a dividend but the company has no free cash flows.