CECEP Solar EnergyLtd Dividend
Dividend criteria checks 3/6
CECEP Solar EnergyLtd is a dividend paying company with a current yield of 2.76% that is well covered by earnings.
Key information
2.8%
Dividend yield
37%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.39 |
Dividend yield forecast in 3Y | 3.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000591 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000591's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
CECEP Solar EnergyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (591) | 2.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.3% |
Industry Average (Renewable Energy) | 2.6% |
Analyst forecast in 3 Years (591) | 3.0% |
Notable Dividend: 000591's dividend (2.76%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000591's dividend (2.76%) is in the top 25% of dividend payers in the CN market (2.28%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), 000591's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000591 is paying a dividend but the company has no free cash flows.