Zhejiang Provincial New Energy Investment Group Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Provincial New Energy Investment Group is a dividend paying company with a current yield of 1.34% that is well covered by earnings.
Key information
1.3%
Dividend yield
0.005%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 42.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.112 |
| Payout ratio | 42% |
Recent dividend and buyback updates
No updates
Recent updates
Market Cool On Zhejiang Provincial New Energy Investment Group Co., Ltd.'s (SHSE:600032) Earnings
Oct 23
Slowing Rates Of Return At Zhejiang Provincial New Energy Investment Group (SHSE:600032) Leave Little Room For Excitement
Sep 24Here's Why Zhejiang Provincial New Energy Investment Group (SHSE:600032) Is Weighed Down By Its Debt Load
Aug 20Investors Continue Waiting On Sidelines For Zhejiang Provincial New Energy Investment Group Co., Ltd. (SHSE:600032)
Jun 27Here's What To Make Of Zhejiang Provincial New Energy Investment Group's (SHSE:600032) Decelerating Rates Of Return
May 31Zhejiang Provincial New Energy Investment Group (SHSE:600032) Takes On Some Risk With Its Use Of Debt
Apr 30Investors Appear Satisfied With Zhejiang Provincial New Energy Investment Group Co., Ltd.'s (SHSE:600032) Prospects
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600032 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600032's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Zhejiang Provincial New Energy Investment Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600032) | 1.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Renewable Energy) | 2.6% |
| Analyst forecast (600032) (up to 3 years) | 2.2% |
Notable Dividend: 600032's dividend (1.34%) is higher than the bottom 25% of dividend payers in the CN market (0.51%).
High Dividend: 600032's dividend (1.34%) is low compared to the top 25% of dividend payers in the CN market (2.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.3%), 600032's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.5%), 600032's dividend payments are covered by cash flows.