China National Nuclear Power Dividend
Dividend criteria checks 2/6
China National Nuclear Power is a dividend paying company with a current yield of 2.11% that is well covered by earnings.
Key information
2.1%
Dividend yield
35%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.56 |
| Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601985 has been paying a dividend for less than 10 years.
Growing Dividend: 601985's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| China National Nuclear Power Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601985) | 2.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Renewable Energy) | 2.4% |
| Analyst forecast in 3 Years (601985) | 2.5% |
Notable Dividend: 601985's dividend (2.11%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601985's dividend (2.11%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), 601985's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601985 is paying a dividend but the company has no free cash flows.