Ningbo Shimao EnergyLtd Dividend
Dividend criteria checks 3/6
Ningbo Shimao EnergyLtd is a dividend paying company with a current yield of 3.89% that is well covered by earnings.
Key information
3.9%
Dividend yield
52%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.14 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605028 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605028 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Ningbo Shimao EnergyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605028) | 3.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Water Utilities) | 2.6% |
| Analyst forecast in 3 Years (605028) | n/a |
Notable Dividend: 605028's dividend (3.89%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605028's dividend (3.89%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.1%), 605028's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605028 is paying a dividend but the company has no free cash flows.