Shanxi Lu'an Environmental Energy Development Co., Ltd.

XSSC:601699 Stock Report

Market Cap: CN¥43.9b

Shanxi Lu'an Environmental Energy Development Dividend

Dividend criteria checks 2/6

Shanxi Lu'an Environmental Energy Development is a dividend paying company with a current yield of 10.84%.

Key information

10.8%

Dividend yield

137%

Payout ratio

Industry average yield6.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥1.589
Earnings per shareCN¥1.15
Future Dividend Yield6.6%

Recent dividend updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 601699 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 601699's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Shanxi Lu'an Environmental Energy Development Dividend Yield vs Market
How does 601699 dividend yield compare to the market?
SegmentDividend Yield
Company (601699)10.8%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Oil and Gas)6.2%
Analyst forecast (601699) (up to 3 years)6.6%

Notable Dividend: 601699's dividend (10.84%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 601699's dividend (10.84%) is in the top 25% of dividend payers in the CN market (2.18%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (137.2%), 601699's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (162%), 601699's dividend payments are not well covered by cash flows.


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