China Southern Power Grid Energy Storage Dividends and Buybacks
Dividend criteria checks 3/6
China Southern Power Grid Energy Storage is a dividend paying company with a current yield of 0.9% that is well covered by earnings.
Key information
0.9%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | -3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0951 |
| Payout ratio | 24% |
Recent dividend and buyback updates
No updates
Recent updates
Investors Could Be Concerned With China Southern Power Grid Energy Storage's (SHSE:600995) Returns On Capital
Sep 29
China Southern Power Grid Energy Storage Co., Ltd.'s (SHSE:600995) Shareholders Might Be Looking For Exit
Sep 06Is China Southern Power Grid Energy Storage (SHSE:600995) A Risky Investment?
Jul 24Be Wary Of China Southern Power Grid Energy Storage (SHSE:600995) And Its Returns On Capital
Jun 11Earnings Not Telling The Story For China Southern Power Grid Energy Storage Co., Ltd. (SHSE:600995)
May 21Is China Southern Power Grid Energy Storage (SHSE:600995) Using Too Much Debt?
Apr 24China Southern Power Grid Energy Storage (SHSE:600995) Could Be Struggling To Allocate Capital
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600995's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600995's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Southern Power Grid Energy Storage Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600995) | 0.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electric Utilities) | 1.2% |
| Analyst forecast (600995) (up to 3 years) | 1.8% |
Notable Dividend: 600995's dividend (0.9%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600995's dividend (0.9%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.4%), 600995's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600995 is paying a dividend but the company has no free cash flows.