Capital Power Dividends and Buybacks
Dividend criteria checks 4/6
Capital Power is a dividend paying company with a current yield of 4.21% that is well covered by earnings. Next payment date is on 31st January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
4.2%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | -1.6% |
| Next dividend pay date | 31 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$2.608 |
| Payout ratio | 60% |
Recent dividend and buyback updates
Recent updates
We Think That There Are More Issues For Capital Power (TSE:CPX) Than Just Sluggish Earnings
Nov 06
Here's Why We Think Capital Power (TSE:CPX) Is Well Worth Watching
Sep 25Capital Power Corporation's (TSE:CPX) Business And Shares Still Trailing The Market
Sep 01Analysts Are Betting On Capital Power Corporation (TSE:CPX) With A Big Upgrade This Week
Aug 05Is Capital Power (TSE:CPX) Using Too Much Debt?
Jul 27Why Investors Shouldn't Be Surprised By Capital Power Corporation's (TSE:CPX) Low P/E
Jun 02Rainbows and Unicorns: Capital Power Corporation (TSE:CPX) Analysts Just Became A Lot More Optimistic
May 06Revenue Beat: Capital Power Corporation Beat Analyst Estimates By 84%
May 05Calculating The Intrinsic Value Of Capital Power Corporation (TSE:CPX)
Mar 29Calculating 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 30Upcoming Dividend Payment
Stability 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) | 4.2% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Renewable Energy) | 4.7% |
| Analyst forecast (CPX) (up to 3 years) | 4.5% |
Notable Dividend: CPX's dividend (4.21%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: CPX's dividend (4.21%) is low compared to the top 25% of dividend payers in the Canadian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.1%), CPX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CPX is paying a dividend but the company has no free cash flows.