Chongqing Gas Group Dividend
Dividend criteria checks 2/6
Chongqing Gas Group is a dividend paying company with a current yield of 2.15% that is well covered by earnings.
Key information
2.2%
Dividend yield
68%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.32 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600917 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600917 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
Chongqing Gas Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600917) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Gas Utilities) | 3.3% |
Analyst forecast in 3 Years (600917) | n/a |
Notable Dividend: 600917's dividend (2.15%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600917's dividend (2.15%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.1%), 600917's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (481.1%), 600917's dividend payments are not well covered by cash flows.