Zhongshan Public Utilities GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Zhongshan Public Utilities GroupLtd is a dividend paying company with a current yield of 2.31% that is well covered by earnings.
Key information
2.3%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000685's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000685's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhongshan Public Utilities GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000685) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Water Utilities) | 2.4% |
| Analyst forecast (000685) (up to 3 years) | n/a |
Notable Dividend: 000685's dividend (2.31%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000685's dividend (2.31%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25%), 000685's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000685 is paying a dividend but the company has no free cash flows.