Shanxi Lu'an Environmental Energy Development Dividend
Dividend criteria checks 4/6
Shanxi Lu'an Environmental Energy Development is a dividend paying company with a current yield of 7.52% that is well covered by earnings.
Key information
7.5%
Dividend yield
82%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.95 |
Dividend yield forecast in 3Y | 7.5% |
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 |
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Segment | Dividend Yield |
---|---|
Company (601699) | 7.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Oil and Gas) | 6.1% |
Analyst forecast in 3 Years (601699) | 7.5% |
Notable Dividend: 601699's dividend (7.52%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601699's dividend (7.52%) 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 (81.5%), 601699's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.7%), 601699's dividend payments are covered by cash flows.