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 0.99% that is well covered by earnings.
Key information
1.0%
Dividend yield
0.007%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | 5.4% |
| 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
Stability 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) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (IT) | 0.8% |
| Analyst forecast (600131) (up to 3 years) | 1.4% |
Notable Dividend: 600131's dividend (0.99%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600131's dividend (0.99%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
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.