Jointo Energy Investment Hebei Dividends and Buybacks
Dividend criteria checks 3/6
Jointo Energy Investment Hebei is a dividend paying company with a current yield of 1.57% that is well covered by earnings.
Key information
1.6%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -16.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.080 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000600's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000600's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Jointo Energy Investment Hebei Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000600) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Renewable Energy) | 2.7% |
| Analyst forecast (000600) (up to 3 years) | n/a |
Notable Dividend: 000600's dividend (1.57%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000600's dividend (1.57%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.2%), 000600's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.9%), 000600's dividend payments are well covered by cash flows.