Capital Power Dividends and Buybacks
Dividend criteria checks 4/6
Capital Power is a dividend paying company with a current yield of 4.27% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 16th December, 2024.
Key information
4.3%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | -1.5% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | CA$2.608 |
| Payout ratio | 60% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CPX.PRA's dividends per share have been stable in the past 10 years.
Growing Dividend: CPX.PRA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Capital Power Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CPX.PRA) | 4.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Renewable Energy) | 4.6% |
| Analyst forecast (CPX.PRA) (up to 3 years) | 4.5% |
Notable Dividend: CPX.PRA's dividend (4.27%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: CPX.PRA's dividend (4.27%) is low compared to the top 25% of dividend payers in the Canadian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.1%), CPX.PRA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CPX.PRA is paying a dividend but the company has no free cash flows.