China Everbright Environment Group Dividend
Dividend criteria checks 4/6
China Everbright Environment Group is a dividend paying company with a current yield of 6.94% that is well covered by earnings.
Key information
6.9%
Dividend yield
31%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.72 |
Dividend yield forecast in 3Y | 8.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CNE's dividend payments have been volatile in the past 10 years.
Growing Dividend: CNE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Everbright Environment Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CNE) | 6.9% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Commercial Services) | 4.3% |
Analyst forecast in 3 Years (CNE) | 8.0% |
Notable Dividend: CNE's dividend (6.94%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: CNE's dividend (6.94%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), CNE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate CNE's cash payout ratio to determine if its dividend payments are covered by cash flows.