Inner Mongolia MengDian HuaNeng Thermal Power Dividend
Dividend criteria checks 4/6
Inner Mongolia MengDian HuaNeng Thermal Power is a dividend paying company with a current yield of 3.65% that is well covered by earnings.
Key information
3.7%
Dividend yield
47%
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¥0.31 |
Dividend yield forecast in 3Y | 7.9% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600863's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600863's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Inner Mongolia MengDian HuaNeng Thermal Power Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600863) | 3.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Renewable Energy) | 2.5% |
Analyst forecast in 3 Years (600863) | 7.9% |
Notable Dividend: 600863's dividend (3.65%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 600863's dividend (3.65%) 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 (46.9%), 600863's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.4%), 600863's dividend payments are well covered by cash flows.