CVV dividend yield – China Coal Energy Co Ltd Announces 0.413 Cash Dividend
June 4, 2023
☀️Dividends Yield
CHINA COAL ENERGY ($BER:CVV) Co Ltd announced on June 2 2023 that it would be paying a 0.413 CNY cash dividend. This dividend could provide investors with an attractive return on their investments. Over the past 3 years, the company has consistently paid out a dividend of 0.3 CNY in 2021 and 0.3 CNY in 2022, with a dividend of 0.13 CNY in 2023. This translates to a dividend yield of 6.45%, 6.45%, and 4.78% from 2021 to 2023 respectively, with an average of 5.89%.
For those interested in obtaining the dividend, the ex-dividend date is set for June 16 2023. With a consistent payment history and a reliable yield, this could be a great investment for those interested in increasing their portfolio’s returns.
Price History
When the markets opened that day, CHINA COAL ENERGY stock was trading at €0.7, with the closing price staying the same at the end of the day. This is a 0.7% drop from the previous closing price of 0.7. This announcement is an exciting development for shareholders who are now set to benefit from a sizeable return on their investment. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CVV. More…
| Total Revenues | Net Income | Net Margin |
| 218.01k | 18.6k | 11.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CVV. More…
| Operations | Investing | Financing |
| 44.76k | -17.4k | -27.5k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CVV. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 348.42k | 173.99k | 9.86 |
Key Ratios Snapshot
Some of the financial key ratios for CVV are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.7% | 42.0% | 16.8% |
| FCF Margin | ROE | ROA |
| 16.0% | 17.1% | 6.6% |
Analysis
GoodWhale has conducted a financial analysis of CHINA COAL ENERGY to assess its financial health. TheStar Chart of CHINA COAL ENERGY indicates a high health score of 8/10, indicatingthat it is capable of safely riding out any crisis without the risk of bankruptcy. CHINA COAL ENERGY is strong in dividend, growth, and medium in asset and profitability. Based on this analysis, we have classified CHINA COAL ENERGY as a ‘cheetah’, i.e. a company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given the company’s relatively high growth rate and medium stability, investors looking for higher returns with a slightly higher risk profile may be interested in CHINA COAL ENERGY. Such investors may be willing to accept the lower profitability in exchange for higher returns. More…
Summary
China Coal Energy has been a reliable dividend paying company for the past 3 years, with an impressive dividend yield of 5.89%. The company has paid a dividend of 0.3 CNY per share in 2021 and 0.3 CNY per share in 2022, with a dividend of 0.13 CNY in 2023. Investors looking for potential returns should definitely consider China Coal Energy as an investment option. The consistent dividend payouts offer a steady and reliable form of income.
In addition, the low share price provides investors with an opportunity to gain access to the company’s potential growth opportunities.
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