Cenergy Holdings Dividend
Dividend criteria checks 2/6
Cenergy Holdings is a dividend paying company with a current yield of 1.01% that is well covered by earnings. Next payment date is on 27th June, 2024 with an ex-dividend date of 25th June, 2024.
Key information
1.0%
Dividend yield
21%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 27 Jun 24 |
| Ex dividend date | 25 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | €0.38 |
| Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 9CN's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9CN's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Cenergy Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9CN) | 1.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast in 3 Years (9CN) | 2.0% |
Notable Dividend: 9CN's dividend (1.01%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: 9CN's dividend (1.01%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.9%), 9CN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.1%), 9CN's dividend payments are well covered by cash flows.