Zhejiang Zheneng Electric Power Dividends and Buybacks
Dividend criteria checks 5/6
Zhejiang Zheneng Electric Power is a dividend paying company with a current yield of 4.39% that is well covered by earnings.
Key information
4.4%
Dividend yield
-0.06%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | -3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 45% |
Recent dividend and buyback updates
No updates
Recent updates
These 4 Measures Indicate That Zhejiang Zheneng Electric Power (SHSE:600023) Is Using Debt Reasonably Well
Dec 24
Here's Why We Think Zhejiang Zheneng Electric Power (SHSE:600023) Is Well Worth Watching
Dec 05Zhejiang Zheneng Electric Power (SHSE:600023) Is Doing The Right Things To Multiply Its Share Price
Nov 18Zhejiang Zheneng Electric Power Co., Ltd. (SHSE:600023) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 18Zhejiang Zheneng Electric Power (SHSE:600023) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 05We Like These Underlying Return On Capital Trends At Zhejiang Zheneng Electric Power (SHSE:600023)
Aug 15We Think Zhejiang Zheneng Electric Power (SHSE:600023) Can Stay On Top Of Its Debt
Jul 04Revenues Working Against Zhejiang Zheneng Electric Power Co., Ltd.'s (SHSE:600023) Share Price
Jun 13Zhejiang Zheneng Electric Power (SHSE:600023) Will Be Hoping To Turn Its Returns On Capital Around
Apr 16Here's Why Zhejiang Zheneng Electric Power (SHSE:600023) Has A Meaningful Debt Burden
Mar 21Zhejiang Zheneng Electric Power Co., Ltd.'s (SHSE:600023) Shares Lagging The Industry But So Is The Business
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600023's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600023's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Zheneng Electric Power Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600023) | 4.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Renewable Energy) | 2.6% |
| Analyst forecast (600023) (up to 3 years) | 5.4% |
Notable Dividend: 600023's dividend (4.39%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600023's dividend (4.39%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.4%), 600023's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.3%), 600023's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 10:17 |
| End of Day Share Price | 2024/12/26 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 here.
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 .
Analyst Sources
Zhejiang Zheneng Electric Power Co., Ltd. is covered by 15 analysts. 6 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 |
|---|---|
| Fei Tong | Changjiang Securities Co. LTD. |
| Yigong Tao | China Galaxy Securities Co., Ltd. |
| Jiani Liu | China International Capital Corporation Limited |