Sichuan Guangan Aaa Public Co.,Ltd

SHSE:600979 Stock Report

Market Cap: CN¥5.7b

Sichuan Guangan Aaa PublicLtd Dividends and Buybacks

Dividend criteria checks 4/6

Sichuan Guangan Aaa PublicLtd is a dividend paying company with a current yield of 1.19% that is well covered by earnings.

Key information

1.2%

Dividend yield

-1.1%

Buyback Yield

Total Shareholder Yield0.1%
Future Dividend Yieldn/a
Dividend Growth12.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.054
Payout ratio21%

Recent dividend and buyback updates

No updates

Recent updates

Earnings Working Against Sichuan Guangan Aaa Public Co.,Ltd's (SHSE:600979) Share Price

Oct 31
Earnings Working Against Sichuan Guangan Aaa Public Co.,Ltd's (SHSE:600979) Share Price

Calculating The Fair Value Of Sichuan Guangan Aaa Public Co.,Ltd (SHSE:600979)

Sep 28
Calculating The Fair Value Of Sichuan Guangan Aaa Public Co.,Ltd (SHSE:600979)

Additional Considerations Required While Assessing Sichuan Guangan Aaa PublicLtd's (SHSE:600979) Strong Earnings

Sep 06
Additional Considerations Required While Assessing Sichuan Guangan Aaa PublicLtd's (SHSE:600979) Strong Earnings

There's No Escaping Sichuan Guangan Aaa Public Co.,Ltd's (SHSE:600979) Muted Earnings Despite A 30% Share Price Rise

May 21
There's No Escaping Sichuan Guangan Aaa Public Co.,Ltd's (SHSE:600979) Muted Earnings Despite A 30% Share Price Rise

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600979's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600979's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Sichuan Guangan Aaa PublicLtd Dividend Yield vs Market
How does 600979 dividend yield compare to the market?
SegmentDividend Yield
Company (600979)1.2%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Electric Utilities)1.2%
Analyst forecast (600979) (up to 3 years)n/a

Notable Dividend: 600979's dividend (1.19%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 600979's dividend (1.19%) is low compared to the top 25% of dividend payers in the CN market (2.15%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.3%), 600979's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (47.3%), 600979's dividend payments are well covered by cash flows.


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