Shenergy Dividend
Dividend criteria checks 4/6
Shenergy is a dividend paying company with a current yield of 4.95% that is well covered by earnings.
Key information
5.0%
Dividend yield
50%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Earnings per share | CN¥0.79 |
| Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
No updates
Recent updates
A Look At The Fair Value Of Shenergy Company Limited (SHSE:600642)
Aug 27
Returns At Shenergy (SHSE:600642) Are On The Way Up
Aug 12Shenergy Company Limited's (SHSE:600642) Business And Shares Still Trailing The Market
Jul 12Here's Why We Think Shenergy (SHSE:600642) Is Well Worth Watching
Jun 24Calculating The Fair Value Of Shenergy Company Limited (SHSE:600642)
May 21Shenergy (SHSE:600642) Has Some Way To Go To Become A Multi-Bagger
Apr 15Lacklustre Performance Is Driving Shenergy Company Limited's (SHSE:600642) Low P/S
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600642's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600642's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shenergy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600642) | 5.0% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Renewable Energy) | 2.5% |
| Analyst forecast in 3 Years (600642) | 6.8% |
Notable Dividend: 600642's dividend (4.95%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 600642's dividend (4.95%) is in the top 25% of dividend payers in the CN market (2.74%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), 600642's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (90.8%), 600642's dividend payments are not well covered by cash flows.