China Longyuan Power Group Dividend
Dividend criteria checks 4/6
China Longyuan Power Group is a dividend paying company with a current yield of 4.42% that is well covered by earnings.
Key information
4.4%
Dividend yield
30%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.223 |
| Earnings per share | CN¥0.62 |
| Dividend yield forecast | 5.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 001289's dividend payments have been volatile in the past 10 years.
Growing Dividend: 001289's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Longyuan Power Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (001289) | 4.4% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Renewable Energy) | 2.8% |
| Analyst forecast (001289) (up to 3 years) | 5.9% |
Notable Dividend: 001289's dividend (4.42%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 001289's dividend (4.42%) is in the top 25% of dividend payers in the CN market (2.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), 001289's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001289 is paying a dividend but the company has no free cash flows.