China Datang Corporation Renewable Power Dividends and Buybacks
Dividend criteria checks 3/6
China Datang Renewable Power is a dividend paying company with a current yield of 3.19% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 5th November, 2024.
Key information
3.2%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 5.3% |
| Dividend Growth | 17.2% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 05 Nov 24 |
| Dividend per share | €0.00775 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DT7's dividend payments have been volatile in the past 10 years.
Growing Dividend: DT7's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Datang Corporation Renewable Power Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DT7) | 3.2% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Renewable Energy) | 4.0% |
| Analyst forecast (DT7) (up to 3 years) | 5.3% |
Notable Dividend: DT7's dividend (3.19%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: DT7's dividend (3.19%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.4%), DT7's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DT7 is paying a dividend but the company has no free cash flows.