Perennial Energy Holdings Limited

SEHK:2798 Stock Report

Market Cap: HK$1.4b

Perennial Energy Holdings Dividend

Dividend criteria checks 2/6

Perennial Energy Holdings is a dividend paying company with a current yield of 5.54% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 12th June, 2024.

Key information

5.5%

Dividend yield

14%

Payout ratio

Industry average yield2.2%
Next dividend pay date05 Jul 24
Ex dividend date12 Jun 24
Dividend per sharen/a
Earnings per shareHK$0.32
Dividend yield forecast in 3Yn/a

Recent dividend updates

Perennial Energy Holdings (HKG:2798) Will Pay A Smaller Dividend Than Last Year

Mar 25
Perennial Energy Holdings (HKG:2798) Will Pay A Smaller Dividend Than Last Year

Perennial Energy Holdings' (HKG:2798) Dividend Will Be Increased To CN¥0.125

Jun 01
Perennial Energy Holdings' (HKG:2798) Dividend Will Be Increased To CN¥0.125

Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037

May 27
Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037

Recent updates

Perennial Energy Holdings (HKG:2798) Will Pay A Smaller Dividend Than Last Year

Mar 25
Perennial Energy Holdings (HKG:2798) Will Pay A Smaller Dividend Than Last Year

Perennial Energy Holdings Limited (HKG:2798) Doing What It Can To Lift Shares

Jan 04
Perennial Energy Holdings Limited (HKG:2798) Doing What It Can To Lift Shares

We Think Perennial Energy Holdings (HKG:2798) Is Taking Some Risk With Its Debt

Sep 06
We Think Perennial Energy Holdings (HKG:2798) Is Taking Some Risk With Its Debt

Perennial Energy Holdings (HKG:2798) Could Be Struggling To Allocate Capital

Aug 10
Perennial Energy Holdings (HKG:2798) Could Be Struggling To Allocate Capital

Perennial Energy Holdings' (HKG:2798) Dividend Will Be Increased To CN¥0.125

Jun 01
Perennial Energy Holdings' (HKG:2798) Dividend Will Be Increased To CN¥0.125

A Look At The Intrinsic Value Of Perennial Energy Holdings Limited (HKG:2798)

Apr 20
A Look At The Intrinsic Value Of Perennial Energy Holdings Limited (HKG:2798)

Perennial Energy Holdings (HKG:2798) Is Reinvesting At Lower Rates Of Return

Mar 21
Perennial Energy Holdings (HKG:2798) Is Reinvesting At Lower Rates Of Return

Perennial Energy Holdings (HKG:2798) Will Be Hoping To Turn Its Returns On Capital Around

Dec 10
Perennial Energy Holdings (HKG:2798) Will Be Hoping To Turn Its Returns On Capital Around

Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?

Oct 28
Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?

Many Would Be Envious Of Perennial Energy Holdings' (HKG:2798) Excellent Returns On Capital

Aug 02
Many Would Be Envious Of Perennial Energy Holdings' (HKG:2798) Excellent Returns On Capital

Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet

Jun 18
Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet

Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037

May 27
Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037

Perennial Energy Holdings (HKG:2798) Has Affirmed Its Dividend Of HK$0.037

May 12
Perennial Energy Holdings (HKG:2798) Has Affirmed Its Dividend Of HK$0.037

Perennial Energy Holdings (HKG:2798) Will Pay A Dividend Of HK$0.037

Apr 27
Perennial Energy Holdings (HKG:2798) Will Pay A Dividend Of HK$0.037

Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037

Mar 28
Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037

Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet

Nov 23
Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet

Here's What's Concerning About Perennial Energy Holdings' (HKG:2798) Returns On Capital

Sep 10
Here's What's Concerning About Perennial Energy Holdings' (HKG:2798) Returns On Capital

Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?

Apr 30
Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?

Some Investors May Be Worried About Perennial Energy Holdings' (HKG:2798) Returns On Capital

Apr 12
Some Investors May Be Worried About Perennial Energy Holdings' (HKG:2798) Returns On Capital

Are Strong Financial Prospects The Force That Is Driving The Momentum In Perennial Energy Holdings Limited's HKG:2798) Stock?

Feb 15
Are Strong Financial Prospects The Force That Is Driving The Momentum In Perennial Energy Holdings Limited's HKG:2798) Stock?

Is There More To The Story Than Perennial Energy Holdings's (HKG:2798) Earnings Growth?

Jan 04
Is There More To The Story Than Perennial Energy Holdings's (HKG:2798) Earnings Growth?

The Perennial Energy Holdings (HKG:2798) Share Price Has Gained 288%, So Why Not Pay It Some Attention?

Dec 14
The Perennial Energy Holdings (HKG:2798) Share Price Has Gained 288%, So Why Not Pay It Some Attention?

Returns On Capital At Perennial Energy Holdings (HKG:2798) Paint An Interesting Picture

Nov 26
Returns On Capital At Perennial Energy Holdings (HKG:2798) Paint An Interesting Picture

Upcoming Dividend Payment

TodayMar 26 2024Ex Dividend DateJun 12 2024Dividend Pay DateJul 05 202423 days from Ex DividendBuy in the next 77 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2798 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 2798's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

Perennial Energy Holdings Dividend Yield vs Market
How does 2798 dividend yield compare to the market?
SegmentDividend Yield
Company (2798)5.5%
Market Bottom 25% (HK)3.3%
Market Top 25% (HK)8.2%
Industry Average (Metals and Mining)2.2%
Analyst forecast in 3 Years (2798)n/a

Notable Dividend: 2798's dividend (5.54%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.29%).

High Dividend: 2798's dividend (5.54%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.2%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (14.4%), 2798's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 2798 is paying a dividend but the company has no free cash flows.


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