China Shenhua Energy Dividend
Dividend criteria checks 5/6
China Shenhua Energy is a dividend paying company with a current yield of 6.76% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 28th June, 2024.
Key information
6.8%
Dividend yield
79%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | 05 Sep 24 |
Ex dividend date | 28 Jun 24 |
Dividend per share | n/a |
Earnings per share | €2.86 |
Dividend yield forecast in 3Y | 6.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IKFC's dividend payments have been volatile in the past 10 years.
Growing Dividend: IKFC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Shenhua Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (IKFC) | 6.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.8% |
Industry Average (Oil and Gas) | 2.6% |
Analyst forecast in 3 Years (IKFC) | 6.0% |
Notable Dividend: IKFC's dividend (6.76%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: IKFC's dividend (6.76%) is in the top 25% of dividend payers in the German market (4.81%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.1%), IKFC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87%), IKFC's dividend payments are covered by cash flows.