CGN Power Dividend
Dividend criteria checks 4/6
CGN Power is a dividend paying company with a current yield of 4.01% that is well covered by earnings.
Key information
4.0%
Dividend yield
44%
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¥0.21 |
Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 003816 has been paying a dividend for less than 10 years.
Growing Dividend: 003816's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
CGN Power Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3816) | 4.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Renewable Energy) | 2.6% |
Analyst forecast in 3 Years (3816) | 5.4% |
Notable Dividend: 003816's dividend (4.01%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 003816's dividend (4.01%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), 003816's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.8%), 003816's dividend payments are well covered by cash flows.