Capital Power Dividend
Dividend criteria checks 5/6
Capital Power is a dividend paying company with a current yield of 6.9% that is well covered by earnings.
Key information
6.9%
Dividend yield
39%
Payout ratio
| Industry average yield | 5.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$5.50 |
| Dividend yield forecast in 3Y | 7.4% |
Recent dividend updates
Recent updates
Calculating The Intrinsic Value Of Capital Power Corporation (TSE:CPX)
Mar 29
Calculating The Fair Value Of Capital Power Corporation (TSE:CPX)
Nov 24Does Capital Power (TSE:CPX) Have A Healthy Balance Sheet?
Jul 30Analysts Are Betting On Capital Power Corporation (TSE:CPX) With A Big Upgrade This Week
May 06Does Capital Power (TSE:CPX) Deserve A Spot On Your Watchlist?
May 02Capital Power (TSE:CPX) Takes On Some Risk With Its Use Of Debt
Apr 05Here's Why We Think Capital Power (TSE:CPX) Is Well Worth Watching
Jan 30These 4 Measures Indicate That Capital Power (TSE:CPX) Is Using Debt Extensively
Jan 05Here's Why Capital Power (TSE:CPX) Has A Meaningful Debt Burden
Oct 04Is Capital Power (TSE:CPX) A Risky Investment?
Jul 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CPX's dividends per share have been stable in the past 10 years.
Growing Dividend: CPX'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) | 6.9% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Renewable Energy) | 5.7% |
| Analyst forecast in 3 Years (CPX) | 7.4% |
Notable Dividend: CPX's dividend (6.9%) is higher than the bottom 25% of dividend payers in the Canadian market (1.92%).
High Dividend: CPX's dividend (6.9%) is in the top 25% of dividend payers in the Canadian market (6.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.4%), CPX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (320.9%), CPX's dividend payments are not well covered by cash flows.