Clenergy Technology Dividend
Dividend criteria checks 1/6
Clenergy Technology is a dividend paying company with a current yield of 0.54% that is well covered by earnings.
Key information
0.5%
Dividend yield
12%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.47 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603628 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603628's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Clenergy Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603628) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.7% |
| Analyst forecast in 3 Years (603628) | n/a |
Notable Dividend: 603628's dividend (0.54%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 603628's dividend (0.54%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.8%), 603628's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603628 is paying a dividend but the company has no free cash flows.