China Merchants Energy Shipping Dividends and Buybacks
Dividend criteria checks 3/6
China Merchants Energy Shipping is a dividend paying company with a current yield of 3.09% that is well covered by earnings.
Key information
3.1%
Dividend yield
-0.0001%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 17.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601872 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601872's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| China Merchants Energy Shipping Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601872) | 3.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Oil and Gas) | 6.2% |
| Analyst forecast (601872) (up to 3 years) | 4.5% |
Notable Dividend: 601872's dividend (3.09%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601872's dividend (3.09%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.5%), 601872's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (221.1%), 601872's dividend payments are not well covered by cash flows.