CIG ShangHai Dividend
Dividend criteria checks 1/6
CIG ShangHai is a dividend paying company with a current yield of 0.36% that is well covered by earnings.
Key information
0.4%
Dividend yield
71%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.18 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603083 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603083's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| CIG ShangHai Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603083) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Communications) | 1.2% |
| Analyst forecast in 3 Years (603083) | n/a |
Notable Dividend: 603083's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603083's dividend (0.36%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.1%), 603083's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603083 is paying a dividend but the company has no free cash flows.