Doreen Power Generations and Systems Dividend
Dividend criteria checks 3/6
Doreen Power Generations and Systems is a dividend paying company with a current yield of 3.74% that is well covered by earnings.
Key information
3.7%
Dividend yield
20%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳5.62 |
Dividend yield forecast in 3Y | 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 7 years.
Dividend Yield vs Market
Doreen Power Generations and Systems Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DOREENPWR) | 3.7% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.2% |
Industry Average (Renewable Energy) | 5.0% |
Analyst forecast in 3 Years (DOREENPWR) | n/a |
Notable Dividend: DOREENPWR's dividend (3.74%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: DOREENPWR's dividend (3.74%) is low compared to the top 25% of dividend payers in the BD market (4.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.6%), DOREENPWR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.5%), DOREENPWR's dividend payments are thoroughly covered by cash flows.