Harmony Energy Income Trust Dividend
Dividend criteria checks 2/6
Harmony Energy Income Trust is a dividend paying company with a current yield of 16.19%.
Key information
16.2%
Dividend yield
569%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | UK£0.014 |
Dividend yield forecast in 3Y | 16.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, HEIT has been paying a dividend for less than 10 years.
Growing Dividend: HEIT'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 |
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Segment | Dividend Yield |
---|---|
Company (HEIT) | 16.2% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.6% |
Industry Average (Capital Markets) | 3.1% |
Analyst forecast in 3 Years (HEIT) | 16.2% |
Notable Dividend: HEIT's dividend (16.19%) is higher than the bottom 25% of dividend payers in the UK market (2.05%).
High Dividend: HEIT's dividend (16.19%) is in the top 25% of dividend payers in the UK market (5.66%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (568.9%), HEIT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: HEIT is paying a dividend but the company has no free cash flows.