SDIC Power Holdings Dividend
Dividend criteria checks 3/6
SDIC Power Holdings is a dividend paying company with a current yield of 2.92% that is well covered by earnings.
Key information
2.9%
Dividend yield
53%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.0684 |
| Earnings per share | US$0.95 |
| Dividend yield forecast | 3.8% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SDIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: SDIC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| SDIC Power Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SDIC) | 2.9% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.6% |
| Industry Average (Renewable Energy) | 3.8% |
| Analyst forecast (SDIC) (up to 3 years) | 3.8% |
Notable Dividend: SDIC's dividend (2.92%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: SDIC's dividend (2.92%) is low compared to the top 25% of dividend payers in the UK market (5.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.2%), SDIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (161.6%), SDIC's dividend payments are not well covered by cash flows.