CGE Transmisión Dividend
Dividend criteria checks 3/6
CGE Transmisión is a dividend paying company with a current yield of 8.67% that is well covered by earnings.
Key information
8.7%
Dividend yield
40%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CL$6.500 |
| Earnings per share | CL$16.24 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether CGET's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CGET's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| CGE Transmisión Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CGET) | 8.7% |
| Market Bottom 25% (CL) | 3.4% |
| Market Top 25% (CL) | 9.6% |
| Industry Average (Electric Utilities) | 4.5% |
| Analyst forecast in 3 Years (CGET) | n/a |
Notable Dividend: CGET's dividend (8.67%) is higher than the bottom 25% of dividend payers in the CL market (3.41%).
High Dividend: CGET's dividend (8.67%) is low compared to the top 25% of dividend payers in the CL market (9.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), CGET's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.3%), CGET's dividend payments are thoroughly covered by cash flows.