CHN Energy Changyuan Electric PowerLtd Dividend
Dividend criteria checks 2/6
CHN Energy Changyuan Electric PowerLtd is a dividend paying company with a current yield of 0.83% that is well covered by earnings.
Key information
0.8%
Dividend yield
28%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.14 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000966 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000966 has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| CHN Energy Changyuan Electric PowerLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (966) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Renewable Energy) | 2.5% |
| Analyst forecast in 3 Years (966) | n/a |
Notable Dividend: 000966's dividend (0.83%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000966's dividend (0.83%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.4%), 000966's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000966 is paying a dividend but the company has no free cash flows.