Top Energy CompanyShanxi Dividend
Dividend criteria checks 5/6
Top Energy CompanyShanxi is a dividend paying company with a current yield of 2.8% that is well covered by earnings.
Key information
2.8%
Dividend yield
39%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.180 |
Earnings per share | CN¥0.47 |
Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600780's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600780's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Top Energy CompanyShanxi Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600780) | 2.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Renewable Energy) | 2.4% |
Analyst forecast (600780) (up to 3 years) | n/a |
Notable Dividend: 600780's dividend (2.8%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 600780's dividend (2.8%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.6%), 600780's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), 600780's dividend payments are well covered by cash flows.