CECEP Wind-power CorporationLtd Dividend
Dividend criteria checks 4/6
CECEP Wind-powerLtd is a dividend paying company with a current yield of 2.68% that is well covered by earnings.
Key information
2.7%
Dividend yield
35%
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¥0.24 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601016 has been paying a dividend for less than 10 years.
Growing Dividend: 601016's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
CECEP Wind-power CorporationLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601016) | 2.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Renewable Energy) | 2.5% |
Analyst forecast in 3 Years (601016) | 3.5% |
Notable Dividend: 601016's dividend (2.68%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601016's dividend (2.68%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.1%), 601016's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.6%), 601016's dividend payments are covered by cash flows.