China Three Gorges Renewables (Group)Ltd Dividends and Buybacks
Dividend criteria checks 2/6
China Three Gorges Renewables (Group)Ltd is a dividend paying company with a current yield of 1.67% that is well covered by earnings.
Key information
1.7%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 30.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.078 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Recent updates
Slowing Rates Of Return At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Leave Little Room For Excitement
Aug 16
China Three Gorges Renewables (Group) Co.,Ltd.'s (SHSE:600905) Low P/E No Reason For Excitement
Jul 26These 4 Measures Indicate That China Three Gorges Renewables (Group)Ltd (SHSE:600905) Is Using Debt Extensively
May 22China Three Gorges Renewables (Group) Co.,Ltd. (SHSE:600905) Might Not Be As Mispriced As It Looks
Apr 22The Returns On Capital At China Three Gorges Renewables (Group)Ltd (SHSE:600905) Don't Inspire Confidence
Mar 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600905 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600905's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| China Three Gorges Renewables (Group)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600905) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Renewable Energy) | 2.6% |
| Analyst forecast (600905) (up to 3 years) | 2.3% |
Notable Dividend: 600905's dividend (1.67%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600905's dividend (1.67%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.7%), 600905's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600905 is paying a dividend but the company has no free cash flows.