Harmony Energy Income Trust Dividends and Buybacks
Dividend criteria checks 2/6
Harmony Energy Income Trust is a dividend paying company with a current yield of 14.9%.
Key information
14.9%
Dividend yield
11.8%
Buyback Yield
| Total Shareholder Yield | 26.7% |
| Future Dividend Yield | 14.9% |
| Dividend Growth | 90.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.080 |
| Payout ratio | 569% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, HEITL has been paying a dividend for less than 10 years.
Growing Dividend: HEITL's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Harmony Energy Income Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HEITL) | 14.9% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Capital Markets) | 2.8% |
| Analyst forecast (HEITL) (up to 3 years) | 14.9% |
Notable Dividend: HEITL's dividend (14.9%) is higher than the bottom 25% of dividend payers in the UK market (2.06%).
High Dividend: HEITL's dividend (14.9%) is in the top 25% of dividend payers in the UK market (5.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (568.9%), HEITL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: HEITL is paying a dividend but the company has no free cash flows.