Hengsheng Energy Dividend
Dividend criteria checks 3/6
Hengsheng Energy is a dividend paying company with a current yield of 2.49% that is well covered by earnings.
Key information
2.5%
Dividend yield
51%
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¥0.49 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605580 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605580 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Hengsheng Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605580) | 2.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Integrated Utilities) | 2.6% |
| Analyst forecast in 3 Years (605580) | n/a |
Notable Dividend: 605580's dividend (2.49%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605580's dividend (2.49%) is in the top 25% of dividend payers in the CN market (2.39%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51%), 605580's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605580 is paying a dividend but the company has no free cash flows.