Doreen Power Generations and Systems Limited

DSE:DOREENPWR Stock Report

Market Cap: ৳3.3b

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 yield5.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share৳1.100
Earnings per share৳3.99
Dividend yield forecastn/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
How does DOREENPWR dividend yield compare to the market?
SegmentDividend 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.


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