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Perennial Energy Holdings Dividend
Dividend criteria checks 2/6
Key information
3.5%
Dividend yield
8%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.39 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2798 has been paying a dividend for less than 10 years.
Growing Dividend: 2798's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Perennial Energy Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2798) | 3.5% |
| Market Bottom 25% (HK) | 3.1% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Metals and Mining) | 2.9% |
| Analyst forecast (2798) (up to 3 years) | n/a |
Notable Dividend: 2798's dividend (3.46%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.88%).
High Dividend: 2798's dividend (3.46%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.9%), 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.