Fujian Funeng Dividend
Dividend criteria checks 4/6
Fujian Funeng is a dividend paying company with a current yield of 3.16% that is well covered by earnings.
Key information
3.2%
Dividend yield
30%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.02 |
Dividend yield forecast in 3Y | 5.6% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600483 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600483's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Fujian Funeng Dividend Yield vs Market |
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Segment | Dividend Yield |
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Company (600483) | 3.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Renewable Energy) | 2.5% |
Analyst forecast in 3 Years (600483) | 5.6% |
Notable Dividend: 600483's dividend (3.16%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 600483's dividend (3.16%) is in the top 25% of dividend payers in the CN market (2.42%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.4%), 600483's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.8%), 600483's dividend payments are well covered by cash flows.