China Southern Power Grid Energy Storage Dividend
Dividend criteria checks 3/6
China Southern Power Grid Energy Storage is a dividend paying company with a current yield of 0.88% that is well covered by earnings.
Key information
0.9%
Dividend yield
33%
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.29 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600995's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600995's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Southern Power Grid Energy Storage Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600995) | 0.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electric Utilities) | 1.1% |
Analyst forecast in 3 Years (600995) | 2.0% |
Notable Dividend: 600995's dividend (0.88%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600995's dividend (0.88%) is low compared to the top 25% of dividend payers in the CN market (2.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), 600995's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600995 is paying a dividend but the company has no free cash flows.