Chongqing Three Gorges Water Conservancy and Electric Power Dividend
Dividend criteria checks 3/6
Chongqing Three Gorges Water Conservancy and Electric Power is a dividend paying company with a current yield of 2.09% that is well covered by earnings.
Key information
2.1%
Dividend yield
76%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.19 |
Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600116's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600116's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Chongqing Three Gorges Water Conservancy and Electric Power Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600116) | 2.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electric Utilities) | 1.2% |
Analyst forecast in 3 Years (600116) | 3.3% |
Notable Dividend: 600116's dividend (2.09%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600116's dividend (2.09%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.9%), 600116's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600116 is paying a dividend but the company has no free cash flows.