Xinjiang Tianfu Energy Dividend
Dividend criteria checks 4/6
Xinjiang Tianfu Energy is a dividend paying company with a current yield of 3.24% that is well covered by earnings.
Key information
3.2%
Dividend yield
46%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.158 |
Earnings per share | CN¥0.33 |
Dividend yield forecast in 3Y | 8.4% |
Recent dividend updates
No updates
Recent updates
Estimating The Fair Value Of Xinjiang Tianfu Energy Co., Ltd. (SHSE:600509)
Jul 18Xinjiang Tianfu Energy (SHSE:600509) Has A Somewhat Strained Balance Sheet
Jun 25Additional Considerations Required While Assessing Xinjiang Tianfu Energy's (SHSE:600509) Strong Earnings
Apr 19Investors Continue Waiting On Sidelines For Xinjiang Tianfu Energy Co., Ltd. (SHSE:600509)
Apr 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600509's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600509's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Xinjiang Tianfu Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600509) | 3.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electric Utilities) | 1.3% |
Analyst forecast in 3 Years (600509) | 8.4% |
Notable Dividend: 600509's dividend (3.24%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600509's dividend (3.24%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.3%), 600509's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.2%), 600509's dividend payments are covered by cash flows.