Compañía General de Electricidad Dividend
Dividend criteria checks 1/6
Compañía General de Electricidad is a dividend paying company with a current yield of 2.13% that is well covered by earnings. Next payment date is on 8th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
2.1%
Dividend yield
19%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | 08 May 24 |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | CL$7.69 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Compañía General de Electricidad's (SNSE:CGE) Soft Earnings Are Actually Better Than They Appear
Mar 14
Investors Still Aren't Entirely Convinced By Compañía General de Electricidad S.A.'s (SNSE:CGE) Revenues Despite 37% Price Jump
Mar 07Take Care Before Jumping Onto Compañía General de Electricidad S.A. (SNSE:CGE) Even Though It's 25% Cheaper
Jan 05Compañía General de Electricidad (SNSE:CGE) Takes On Some Risk With Its Use Of Debt
Apr 03Does Compañía General de Electricidad's (SNSE:CGE) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CGE has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Compañía General de Electricidad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CGE) | 2.1% |
| Market Bottom 25% (CL) | 3.5% |
| Market Top 25% (CL) | 12.1% |
| Industry Average (Electric Utilities) | 4.9% |
| Analyst forecast in 3 Years (CGE) | n/a |
Notable Dividend: CGE's dividend (2.13%) isn’t notable compared to the bottom 25% of dividend payers in the CL market (3.48%).
High Dividend: CGE's dividend (2.13%) is low compared to the top 25% of dividend payers in the CL market (12.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.3%), CGE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CGE is paying a dividend but the company has no free cash flows.