Chongqing Three Gorges Water Conservancy and Electric Power Dividends and Buybacks
Dividend criteria checks 4/6
Chongqing Three Gorges Water Conservancy and Electric Power is a dividend paying company with a current yield of 2.1% that is well covered by earnings.
Key information
2.1%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 10.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Investors Continue Waiting On Sidelines For Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd. (SHSE:600116)
Nov 15
Chongqing Three Gorges Water Conservancy and Electric Power (SHSE:600116) Hasn't Managed To Accelerate Its Returns
Sep 16We Think That There Are Some Issues For Chongqing Three Gorges Water Conservancy and Electric Power (SHSE:600116) Beyond Its Promising Earnings
Aug 28Cautious Investors Not Rewarding Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd.'s (SHSE:600116) Performance Completely
Jul 12Chongqing Three Gorges Water Conservancy and Electric Power (SHSE:600116) Takes On Some Risk With Its Use Of Debt
Jun 17Market Participants Recognise Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd.'s (SHSE:600116) Earnings
Mar 22Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600116) | 2.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electric Utilities) | 1.2% |
| Analyst forecast (600116) (up to 3 years) | 2.8% |
Notable Dividend: 600116's dividend (2.1%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600116's dividend (2.1%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.4%), 600116's dividend 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.