China Datang Corporation Renewable Power Dividend
Dividend criteria checks 5/6
China Datang Renewable Power is a dividend paying company with a current yield of 4.69% that is well covered by earnings.
Key information
4.7%
Dividend yield
23%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.31 |
Dividend yield forecast in 3Y | 5.0% |
Recent dividend 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) | 4.7% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Renewable Energy) | 3.4% |
Analyst forecast in 3 Years (DT7) | 5.0% |
Notable Dividend: DT7's dividend (4.69%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: DT7's dividend (4.69%) is in the top 25% of dividend payers in the German market (4.68%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.7%), DT7's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.5%), DT7's dividend payments are covered by cash flows.