Shenzhen Gas Dividends and Buybacks
Dividend criteria checks 4/6
Shenzhen Gas is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.2%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.160 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Shenzhen Gas Corporation Ltd.'s (SHSE:601139) Prospects Need A Boost To Lift Shares
Nov 15
Here's Why Shenzhen Gas (SHSE:601139) Has A Meaningful Debt Burden
Sep 30Calculating The Intrinsic Value Of Shenzhen Gas Corporation Ltd. (SHSE:601139)
Sep 09Shenzhen Gas Corporation Ltd.'s (SHSE:601139) Share Price Is Matching Sentiment Around Its Earnings
Jul 30Shenzhen Gas (SHSE:601139) Will Pay A Larger Dividend Than Last Year At CN¥0.16
Jun 14Does Shenzhen Gas (SHSE:601139) Have A Healthy Balance Sheet?
Jun 12Returns On Capital At Shenzhen Gas (SHSE:601139) Have Stalled
May 22Investors Aren't Entirely Convinced By Shenzhen Gas Corporation Ltd.'s (SHSE:601139) Earnings
Apr 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601139's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601139's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shenzhen Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601139) | 2.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Gas Utilities) | 2.9% |
| Analyst forecast (601139) (up to 3 years) | 3.0% |
Notable Dividend: 601139's dividend (2.18%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601139's dividend (2.18%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.7%), 601139's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (856.7%), 601139's dividend payments are not well covered by cash flows.