CGN Power is a dividend paying company with a current yield of 3.86% that is well covered by earnings. Next payment date is on 10th July, 2024 with an ex-dividend date of 4th June, 2024.
Key information
3.9%
Dividend yield
44%
Payout ratio
Industry average yield
3.5%
Next dividend pay date
10 Jul 24
Ex dividend date
04 Jun 24
Dividend per share
n/a
Earnings per share
€0.21
Dividend yield forecast in 3Y
5.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 94C has been paying a dividend for less than 10 years.
Growing Dividend: 94C'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
How does 94C dividend yield compare to the market?
Segment
Dividend Yield
Company (94C)
3.9%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.7%
Industry Average (Renewable Energy)
3.5%
Analyst forecast in 3 Years (94C)
5.2%
Notable Dividend: 94C's dividend (3.86%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: 94C's dividend (3.86%) is low compared to the top 25% of dividend payers in the German market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), 94C's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.8%), 94C's dividend payments are well covered by cash flows.