Fujian Mindong Electric Power Limited Company

SZSE:000993 Stock Report

Market Cap: CN¥4.2b

Fujian Mindong Electric Power Limited Dividends and Buybacks

Dividend criteria checks 4/6

Fujian Mindong Electric Power Limited is a dividend paying company with a current yield of 2.21%.

Key information

2.2%

Dividend yield

-0.002%

Buyback Yield

Total Shareholder Yield2.2%
Future Dividend Yieldn/a
Dividend Growth44.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Payout ratio333%

Recent dividend and buyback updates

No updates

Recent updates

Investors Interested In Fujian Mindong Electric Power Limited Company's (SZSE:000993) Revenues

Oct 01
Investors Interested In Fujian Mindong Electric Power Limited Company's (SZSE:000993) Revenues

The Return Trends At Fujian Mindong Electric Power Limited (SZSE:000993) Look Promising

May 28
The Return Trends At Fujian Mindong Electric Power Limited (SZSE:000993) Look Promising

Does Fujian Mindong Electric Power Limited (SZSE:000993) Have A Healthy Balance Sheet?

Apr 22
Does Fujian Mindong Electric Power Limited (SZSE:000993) Have A Healthy Balance Sheet?

We Ran A Stock Scan For Earnings Growth And Fujian Mindong Electric Power Limited (SZSE:000993) Passed With Ease

Mar 06
We Ran A Stock Scan For Earnings Growth And Fujian Mindong Electric Power Limited (SZSE:000993) Passed With Ease

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 000993's dividend payments have been volatile in the past 10 years.

Growing Dividend: 000993's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Fujian Mindong Electric Power Limited Dividend Yield vs Market
How does 000993 dividend yield compare to the market?
SegmentDividend Yield
Company (000993)2.2%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Renewable Energy)2.7%
Analyst forecast (000993) (up to 3 years)n/a

Notable Dividend: 000993's dividend (2.21%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).

High Dividend: 000993's dividend (2.21%) is in the top 25% of dividend payers in the CN market (2.17%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (332.7%), 000993's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (62.7%), 000993's dividend payments are covered by cash flows.


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