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 4.47% that is well covered by earnings.
Key information
4.5%
Dividend yield
63%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.185 |
Earnings per share | CN¥0.29 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
No updates
Recent updates
We Think Inner Mongolia MengDian HuaNeng Thermal Power (SHSE:600863) Can Stay On Top Of Its Debt
Jul 15Lacklustre Performance Is Driving Inner Mongolia MengDian HuaNeng Thermal Power Corporation Limited's (SHSE:600863) Low P/E
May 21We Like Inner Mongolia MengDian HuaNeng Thermal Power's (SHSE:600863) Earnings For More Than Just Statutory Profit
May 02Calculating The Intrinsic Value Of Inner Mongolia MengDian HuaNeng Thermal Power Corporation Limited (SHSE:600863)
Apr 26There's Been No Shortage Of Growth Recently For Inner Mongolia MengDian HuaNeng Thermal Power's (SHSE:600863) Returns On Capital
Mar 18Stability 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) | 4.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Renewable Energy) | 2.5% |
Analyst forecast in 3 Years (600863) | 5.3% |
Notable Dividend: 600863's dividend (4.47%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600863's dividend (4.47%) is in the top 25% of dividend payers in the CN market (2.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.9%), 600863's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.4%), 600863's dividend payments are well covered by cash flows.