Inner Mongolia MengDian HuaNeng Thermal Power Dividends and Buybacks
Dividend criteria checks 4/6
Inner Mongolia MengDian HuaNeng Thermal Power is a dividend paying company with a current yield of 4.23% that is well covered by earnings.
Key information
4.2%
Dividend yield
-5.3%
Buyback Yield
| Total Shareholder Yield | -1.0% |
| Future Dividend Yield | 6.6% |
| Dividend Growth | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.185 |
| Payout ratio | 55% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600863's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600863's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Inner Mongolia MengDian HuaNeng Thermal Power Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600863) | 4.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Renewable Energy) | 2.7% |
| Analyst forecast (600863) (up to 3 years) | 6.6% |
Notable Dividend: 600863's dividend (4.23%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600863's dividend (4.23%) is in the top 25% of dividend payers in the CN market (2.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.1%), 600863's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), 600863's dividend payments are well covered by cash flows.