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 4.53% that is well covered by earnings.
Key information
4.5%
Dividend yield
-0.07%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 5.6% |
| Dividend Growth | -3.7% |
| 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
Zhejiang Zheneng Electric Power (SHSE:600023) Is Doing The Right Things To Multiply Its Share Price
Nov 18
Zhejiang 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) | 4.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Renewable Energy) | 2.7% |
| Analyst forecast (600023) (up to 3 years) | 5.6% |
Notable Dividend: 600023's dividend (4.53%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600023's dividend (4.53%) is in the top 25% of dividend payers in the CN market (2.17%)
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.