Jiangsu New Energy Development Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu New Energy Development is a dividend paying company with a current yield of 1.5% that is well covered by earnings.
Key information
1.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.5% |
| Dividend Growth | -8.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 26% |
Recent dividend and buyback updates
No updates
Recent updates
These 4 Measures Indicate That Jiangsu New Energy Development (SHSE:603693) Is Using Debt Extensively
Oct 17
Jiangsu New Energy Development (SHSE:603693) Has Some Way To Go To Become A Multi-Bagger
Aug 21Here's Why Jiangsu New Energy Development (SHSE:603693) Has A Meaningful Debt Burden
Jul 16Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share Price Boosted 41% But Its Business Prospects Need A Lift Too
May 21Jiangsu New Energy Development (SHSE:603693) Has Some Way To Go To Become A Multi-Bagger
May 13A Piece Of The Puzzle Missing From Jiangsu New Energy Development Co., Ltd.'s (SHSE:603693) Share Price
Mar 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603693 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603693 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Jiangsu New Energy Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603693) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Renewable Energy) | 2.6% |
| Analyst forecast (603693) (up to 3 years) | 1.5% |
Notable Dividend: 603693's dividend (1.5%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603693's dividend (1.5%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.9%), 603693's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603693 is paying a dividend but the company has no free cash flows.