State Grid Information & Communication Dividends and Buybacks
Dividend criteria checks 3/6
State Grid Information & Communication is a dividend paying company with a current yield of 1.09% that is well covered by earnings.
Key information
1.1%
Dividend yield
0.007%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 11.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.207 |
| Payout ratio | 31% |
Recent dividend and buyback updates
No updates
Recent updates
State Grid Information & Communication (SHSE:600131) Could Easily Take On More Debt
Jan 19
State Grid Information & Communication (SHSE:600131) Is Reinvesting At Lower Rates Of Return
Dec 13State Grid Information & Communication Co., Ltd.'s (SHSE:600131) Intrinsic Value Is Potentially 31% Above Its Share Price
Nov 21State Grid Information & Communication Co., Ltd. (SHSE:600131) Doing What It Can To Lift Shares
Oct 21State Grid Information & Communication's (SHSE:600131) Problems Go Beyond Weak Profit
Sep 08The Returns At State Grid Information & Communication (SHSE:600131) Aren't Growing
Aug 16Benign Growth For State Grid Information & Communication Co., Ltd. (SHSE:600131) Underpins Its Share Price
Jul 05State Grid Information & Communication (SHSE:600131) Seems To Use Debt Quite Sensibly
Jun 14What You Need To Know About The State Grid Information & Communication Co., Ltd. (SHSE:600131) Analyst Downgrade Today
May 01State Grid Information & Communication (SHSE:600131) Has Some Way To Go To Become A Multi-Bagger
Apr 17State 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 5 years.
Dividend Yield vs Market
| State Grid Information & Communication Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600131) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (IT) | 0.7% |
| Analyst forecast (600131) (up to 3 years) | 1.5% |
Notable Dividend: 600131's dividend (1.09%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600131's dividend (1.09%) is low compared to the top 25% of dividend payers in the CN market (2.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.1%), 600131's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.7%), 600131's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 06:05 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
State Grid Information & Communication Co., Ltd. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Haoyuan Qu | China International Capital Corporation Limited |
| Xiang Li | Citic Securities Co., Ltd. |
| Dennis Ip | Daiwa Securities Co. Ltd. |