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State Grid Informationmmunication CoSHSE:600131 -1.54%87 Dividend Payout Ratio is 12.50 as of Mar. 2026, which is 4364% above its 10-year median of 0.28. GuruFocus rates SHSE:600131 with a GF Score™ of 87/100 and a GF Value™ of ¥21.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 178 Utilities - Independent Power Producers companies, State Grid Informationmmunication Co ranks better than 62.92% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. State Grid Informationmmunication Co's Dividend Payout Ratio for the
months ended in Mar. 2026 was 12.50.
The historical rank and industry rank for State Grid Informationmmunication Co's Dividend Payout Ratio or its related term are showing as below:
SHSE:600131'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.28 Max: 0.36
Current: 0.35
During the past 13 years, the highest Dividend Payout Ratio of State Grid Informationmmunication Co was 0.36. The lowest was 0.17. And the median was 0.28.
SHSE:600131's Dividend Payout Ratio is ranked better than 62.92% of 178
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.44
vs SHSE:600131: 0.35
During the past 13 years, the highest Trailing Annual Dividend Yield of State Grid Informationmmunication Co was 1.59%. The lowest was 0.23%. And the median was 0.87%.
During the past 12 months, State Grid Informationmmunication Co's average Dividends Per Share Growth Rate was 6.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 0.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 7.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 19.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of State Grid Informationmmunication Co was 50.40% per year. The lowest was -20.20% per year. And the median was 10.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
State Grid Informationmmunication Co (SHSE:600131) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
State Grid Informationmmunication Co Dividend Payout Ratio Related Terms
State Grid Informationmmunication Co Dividend Payout Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
State Grid Informationmmunication Co Dividend Payout Ratio Chart
State Grid Informationmmunication Co Dividend Payout Ratio Competitor Comparison
For the Utilities - Renewable subindustry, State Grid Informationmmunication Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
State Grid Informationmmunication Co Dividend Payout Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, State Grid Informationmmunication Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where State Grid Informationmmunication Co's Dividend Payout Ratio falls into.
State Grid Informationmmunication Co Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
State Grid Informationmmunication Co (SHSE:600131) has a Dividend Payout Ratio of 12.50 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on State Grid Informationmmunication Co and its competitors. This is 4364% above median its historical median of 0.28. Over the past decade, State Grid Informationmmunication Co's Dividend Payout Ratio has ranged from 0.17 to 0.36. According to the industry distribution chart, State Grid Informationmmunication Co ranks #66 out of 178 companies in the Utilities - Independent Power Producers industry, placing it in the top 37.1%.
Is State Grid Informationmmunication Co's Dividend Payout Ratio too high?
State Grid Informationmmunication Co's current Dividend Payout Ratio of 12.50 is 4364% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.36. The Utilities - Independent Power Producers industry median Dividend Payout Ratio is 0.44. State Grid Informationmmunication Co's value of 12.50 is 2740.9% above this industry median. Based on the distribution chart, State Grid Informationmmunication Co ranks #66 out of 178 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, State Grid Informationmmunication Co has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does State Grid Informationmmunication Co's Dividend Payout Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, State Grid Informationmmunication Co ranks #66 out of 178 companies for Dividend Payout Ratio. This puts State Grid Informationmmunication Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.44. State Grid Informationmmunication Co's value of 12.50 is 2740.9% above this benchmark. Historically, State Grid Informationmmunication Co's own Dividend Payout Ratio has ranged from 0.17 to 0.36 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.44, State Grid Informationmmunication Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Independent Power Producers company?
The median Dividend Payout Ratio among Utilities - Independent Power Producers companies is 0.44, based on 178 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. State Grid Informationmmunication Co's current Dividend Payout Ratio of 12.50 is 2740.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on State Grid Informationmmunication Co and its competitors. For the Utilities - Independent Power Producers industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Grid Informationmmunication Co's current Dividend Payout Ratio is 12.50, which is 4364% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Grid Informationmmunication Co stock overvalued right now?
Based on GuruFocus' analysis, State Grid Informationmmunication Co (SHSE:600131) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥21.89, compared to a current price of ¥14.10 — trading 35.6% below its estimated fair value. The current Dividend Payout Ratio is 12.50, which is 4364% above median its 10-year median of 0.28 and 2740.9% above the Utilities - Independent Power Producers industry median of 0.44. State Grid Informationmmunication Co's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For State Grid Informationmmunication Co (SHSE:600131), the current Dividend Payout Ratio is 12.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is State Grid Informationmmunication Co (SHSE:600131) Overvalued in 2026?
Based on GuruFocus' analysis, State Grid Informationmmunication Co stock appears to be undervalued.
The current stock price of ¥14.10 is trading 35.6% below its estimated GF Value™ of ¥21.89.
GuruFocus considers State Grid Informationmmunication Co to be Significantly Undervalued.
Key valuation signals for SHSE:600131:
Dividend Payout Ratio: 12.50 (4364% above median its 10-year median of 0.28)
GF Value™: ¥21.89 vs. price of ¥14.10 (35.6% below fair value)
Industry Position: 2740.9% above the Utilities - Independent Power Producers median (#66 of 178)
No single metric tells the full story. See the SHSE:600131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
State Grid Informationmmunication Co Business Description
State Grid Information & Communication Co Ltd, formerly Sichuan Minjiang Hydropower Co Ltd is a China-based company is engaged in the hydroelectric generation business. It is mainly engaged in the development, generation, transmission, distribution, and sales of electric power, as well as other businesses with its subsidiaries.
87GF Score
Get the complete analysis for SHSE:600131
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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