Shanxi Hi-speed Group Dividend
Dividend criteria checks 3/6
Shanxi Hi-speed Group is a dividend paying company with a current yield of 0.93% that is well covered by earnings.
Key information
0.9%
Dividend yield
15%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.045 |
| Earnings per share | CN¥0.30 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
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) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Infrastructure) | 2.3% |
| Analyst forecast (000755) (up to 3 years) | n/a |
Notable Dividend: 000755's dividend (0.93%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 000755's dividend (0.93%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15%), 000755's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.9%), 000755's dividend payments are thoroughly covered by cash flows.