Chengdu Gas Group Dividends and Buybacks
Dividend criteria checks 4/6
Chengdu Gas Group is a dividend paying company with a current yield of 3.01% that is well covered by earnings.
Key information
3.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 53% |
Recent dividend and buyback updates
No updates
Recent updates
Chengdu Gas Group's (SHSE:603053) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 05
Does Chengdu Gas Group (SHSE:603053) Have A Healthy Balance Sheet?
Sep 25Lacklustre Performance Is Driving Chengdu Gas Group Corporation Ltd.'s (SHSE:603053) Low P/E
Aug 22Investors Could Be Concerned With Chengdu Gas Group's (SHSE:603053) Returns On Capital
Jun 05Chengdu Gas Group's (SHSE:603053) Solid Earnings Have Been Accounted For Conservatively
May 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603053 has been paying a dividend for less than 10 years.
Growing Dividend: 603053's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Chengdu Gas Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603053) | 3.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Gas Utilities) | 2.9% |
| Analyst forecast (603053) (up to 3 years) | n/a |
Notable Dividend: 603053's dividend (3.01%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603053's dividend (3.01%) is in the top 25% of dividend payers in the CN market (2.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.6%), 603053's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.9%), 603053's dividend payments are well covered by cash flows.