Shanxi Hi-speed Group Dividends and Buybacks
Dividend criteria checks 3/6
Shanxi Hi-speed Group is a dividend paying company with a current yield of 0.91% that is well covered by earnings.
Key information
0.9%
Dividend yield
2.5%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.045 |
| Payout ratio | 15% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 000755's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 000755's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shanxi Hi-speed Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000755) | 0.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Infrastructure) | 2.4% |
| Analyst forecast (000755) (up to 3 years) | n/a |
Notable Dividend: 000755's dividend (0.91%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 000755's dividend (0.91%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.6%), 000755's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.5%), 000755's dividend payments are thoroughly covered by cash flows.