CGN New Energy Holdings Dividend
Dividend criteria checks 2/6
CGN New Energy Holdings is a dividend paying company with a current yield of 5.27% that is well covered by earnings. Next payment date is on 21st June, 2024 with an ex-dividend date of 5th June, 2024.
Key information
5.3%
Dividend yield
25%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | 21 Jun 24 |
| Ex dividend date | 05 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.062 |
| Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Calculating The Fair Value Of CGN New Energy Holdings Co., Ltd. (HKG:1811)
Feb 02
Not Many Are Piling Into CGN New Energy Holdings Co., Ltd. (HKG:1811) Just Yet
Jan 04We Like These Underlying Return On Capital Trends At CGN New Energy Holdings (HKG:1811)
Nov 29CGN New Energy Holdings (HKG:1811) Seems To Be Using A Lot Of Debt
Sep 19Are CGN New Energy Holdings Co., Ltd. (HKG:1811) Investors Paying Above The Intrinsic Value?
Aug 15Returns On Capital Are Showing Encouraging Signs At CGN New Energy Holdings (HKG:1811)
Jun 26CGN New Energy Holdings (HKG:1811) Seems To Be Using A Lot Of Debt
Jun 01CGN New Energy Holdings' (HKG:1811) Returns On Capital Are Heading Higher
Feb 24CGN New Energy Holdings (HKG:1811) Shareholders Will Want The ROCE Trajectory To Continue
Nov 17Is CGN New Energy Holdings (HKG:1811) A Risky Investment?
Sep 29There's Been No Shortage Of Growth Recently For CGN New Energy Holdings' (HKG:1811) Returns On Capital
Aug 16Investors Will Want CGN New Energy Holdings' (HKG:1811) Growth In ROCE To Persist
May 16CGN New Energy Holdings (HKG:1811) Use Of Debt Could Be Considered Risky
Apr 18Is CGN New Energy Holdings Co., Ltd. (HKG:1811) Worth HK$4.5 Based On Its Intrinsic Value?
Mar 08Is CGN New Energy Holdings (HKG:1811) A Risky Investment?
Dec 04There's Been No Shortage Of Growth Recently For CGN New Energy Holdings' (HKG:1811) Returns On Capital
Oct 17Here's Why CGN New Energy Holdings (HKG:1811) Is Weighed Down By Its Debt Load
Sep 05CGN New Energy Holdings Co., Ltd. (HKG:1811) Shares Could Be 34% Above Their Intrinsic Value Estimate
Jul 20CGN New Energy Holdings (HKG:1811) Is Experiencing Growth In Returns On Capital
May 24Does CGN New Energy Holdings (HKG:1811) Have A Healthy Balance Sheet?
Apr 10Estimating The Fair Value Of CGN New Energy Holdings Co., Ltd. (HKG:1811)
Mar 14Should You Be Impressed By CGN New Energy Holdings' (HKG:1811) Returns on Capital?
Feb 21Is CGN New Energy Holdings Co., Ltd. (HKG:1811) A High Quality Stock To Own?
Jan 31CGN New Energy Holdings (HKG:1811) Is Growing Earnings But Are They A Good Guide?
Jan 10
What Type Of Returns Would CGN New Energy Holdings'(HKG:1811) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Dec 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1811 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1811's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| CGN New Energy Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1811) | 5.3% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.3% |
| Industry Average (Renewable Energy) | 4.1% |
| Analyst forecast in 3 Years (1811) | 5.3% |
Notable Dividend: 1811's dividend (5.27%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.45%).
High Dividend: 1811's dividend (5.27%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25%), 1811's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (166.6%), 1811's dividend payments are not well covered by cash flows.