Fujian Mindong Electric Power Limited Dividend
Dividend criteria checks 3/6
Fujian Mindong Electric Power Limited is a dividend paying company with a current yield of 2.16% that is well covered by earnings.
Key information
2.2%
Dividend yield
48%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.42 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
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 |
---|
Segment | Dividend Yield |
---|---|
Company (000993) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Renewable Energy) | 2.4% |
Analyst forecast in 3 Years (000993) | n/a |
Notable Dividend: 000993's dividend (2.16%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 000993's dividend (2.16%) is low compared to the top 25% of dividend payers in the CN market (2.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.6%), 000993's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000993 is paying a dividend but the company has no free cash flows.