Doreen Power Generations and Systems Dividends and Buybacks
Dividend criteria checks 3/6
Doreen Power Generations and Systems is a dividend paying company with a current yield of 4.24% that is well covered by earnings. Next payment date is on 19th January, 2025 with an ex-dividend date of 21st November, 2024.
Key information
4.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 18.7% |
| Next dividend pay date | 19 Jan 25 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | ৳1.000 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DOREENPWR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DOREENPWR's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Doreen Power Generations and Systems Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DOREENPWR) | 4.2% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.3% |
| Industry Average (Renewable Energy) | 4.8% |
| Analyst forecast (DOREENPWR) (up to 3 years) | n/a |
Notable Dividend: DOREENPWR's dividend (4.24%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: DOREENPWR's dividend (4.24%) is low compared to the top 25% of dividend payers in the BD market (4.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.6%), DOREENPWR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.8%), DOREENPWR's dividend payments are thoroughly covered by cash flows.