GCL Energy TechnologyLtd Dividend
Dividend criteria checks 2/6
GCL Energy TechnologyLtd is a dividend paying company with a current yield of 2.03% that is well covered by earnings.
Key information
2.0%
Dividend yield
32%
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¥0.49 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002015 has been paying a dividend for less than 10 years.
Growing Dividend: 002015's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| GCL Energy TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2015) | 2.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Renewable Energy) | 2.5% |
| Analyst forecast in 3 Years (2015) | n/a |
Notable Dividend: 002015's dividend (2.03%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002015's dividend (2.03%) is low compared to the top 25% of dividend payers in the CN market (2.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), 002015's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002015 is paying a dividend but the company has no free cash flows.