Doreen Power Generations and Systems Dividend
Dividend criteria checks 4/6
Doreen Power Generations and Systems is a dividend paying company with a current yield of 6.08% that is well covered by earnings.
Key information
6.1%
Dividend yield
28%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳1.100 |
| Earnings per share | ৳3.99 |
| Dividend yield forecast | n/a |
Recent dividend 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) | 6.1% |
| Market Bottom 25% (BD) | 1.3% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Renewable Energy) | 5.9% |
| Analyst forecast (DOREENPWR) (up to 3 years) | n/a |
Notable Dividend: DOREENPWR's dividend (6.08%) is higher than the bottom 25% of dividend payers in the BD market (1.32%).
High Dividend: DOREENPWR's dividend (6.08%) is in the top 25% of dividend payers in the BD market (4.48%)
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 (3%), DOREENPWR's dividend payments are thoroughly covered by cash flows.