State Grid Information & Communication Dividend
Dividend criteria checks 3/6
State Grid Information & Communication is a dividend paying company with a current yield of 1.21% that is well covered by earnings.
Key information
1.2%
Dividend yield
34%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.64 |
| Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
No updates
Recent updates
State Grid Information & Communication (SHSE:600131) Has Some Way To Go To Become A Multi-Bagger
Apr 17
State Grid Information & Communication Co., Ltd.'s (SHSE:600131) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Mar 21State Grid Information & Communication Co., Ltd.'s (SHSE:600131) Intrinsic Value Is Potentially 57% Above Its Share Price
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 600131 has been paying a dividend for less than 10 years.
Growing Dividend: 600131's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| State Grid Information & Communication Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600131) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (IT) | 1.0% |
| Analyst forecast in 3 Years (600131) | 1.6% |
Notable Dividend: 600131's dividend (1.21%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600131's dividend (1.21%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.5%), 600131's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24%), 600131's dividend payments are well covered by cash flows.