Sichuan Energy Investment Development Dividend
Dividend criteria checks 2/6
Sichuan Energy Investment Development is a dividend paying company with a current yield of 8.08% that is well covered by earnings. Next payment date is on 25th July, 2024 with an ex-dividend date of 2nd July, 2024.
Key information
8.1%
Dividend yield
41%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | 25 Jul 24 |
| Ex dividend date | 02 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.32 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Sichuan Energy Investment Development's (HKG:1713) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 12
Sichuan Energy Investment Development (HKG:1713) Has Announced A Dividend Of CN¥0.1433
Mar 18Sichuan Energy Investment Development (HKG:1713) Has Re-Affirmed Its Dividend Of HK$0.15
Apr 27Recent updates
Sichuan Energy Investment Development's (HKG:1713) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 12Sichuan Energy Investment Development (HKG:1713) Has Announced A Dividend Of CN¥0.1433
Mar 18Does Sichuan Energy Investment Development (HKG:1713) Have A Healthy Balance Sheet?
Sep 30Sichuan Energy Investment Development (HKG:1713) Has Re-Affirmed Its Dividend Of HK$0.15
Apr 27Sichuan Energy Investment Development (HKG:1713) Is Due To Pay A Dividend Of HK$0.15
Mar 28If You Like EPS Growth Then Check Out Sichuan Energy Investment Development (HKG:1713) Before It's Too Late
Jul 22Does Sichuan Energy Investment Development (HKG:1713) Have A Healthy Balance Sheet?
Apr 12Is There More Growth In Store For Sichuan Energy Investment Development's (HKG:1713) Returns On Capital?
Mar 16Is Sichuan Energy Investment Development Co., Ltd. (HKG:1713) An Attractive Dividend Stock?
Feb 18
A Look At Sichuan Energy Investment Development's (HKG:1713) Share Price Returns
Jan 14Will The ROCE Trend At Sichuan Energy Investment Development (HKG:1713) Continue?
Dec 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1713 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1713's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Sichuan Energy Investment Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1713) | 8.1% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.3% |
| Industry Average (Electric Utilities) | 5.9% |
| Analyst forecast in 3 Years (1713) | n/a |
Notable Dividend: 1713's dividend (8.08%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.44%).
High Dividend: 1713's dividend (8.08%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.2%), 1713's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 1713's cash payout ratio to determine if its dividend payments are covered by cash flows.