CGN Power Dividend
Dividend criteria checks 3/6
CGN Power is a dividend paying company with a current yield of 3.72% that is well covered by earnings. Next payment date is on 10th July, 2024 with an ex-dividend date of 4th June, 2024.
Key information
3.7%
Dividend yield
44%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | 10 Jul 24 |
Ex dividend date | 04 Jun 24 |
Dividend per share | n/a |
Earnings per share | HK$0.21 |
Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Recent updates
Analysts Are Updating Their CGN Power Co., Ltd. (HKG:1816) Estimates After Its Yearly Results
Mar 31Do CGN Power's (HKG:1816) Earnings Warrant Your Attention?
Mar 11Is CGN Power (HKG:1816) Using Too Much Debt?
Feb 23Some Shareholders Feeling Restless Over CGN Power Co., Ltd.'s (HKG:1816) P/E Ratio
Dec 31Here's Why CGN Power (HKG:1816) Has Caught The Eye Of Investors
Dec 10Here's Why CGN Power (HKG:1816) Has A Meaningful Debt Burden
Nov 19We Like These Underlying Return On Capital Trends At CGN Power (HKG:1816)
Oct 27Does CGN Power (HKG:1816) Deserve A Spot On Your Watchlist?
Aug 24We Think CGN Power (HKG:1816) Is Taking Some Risk With Its Debt
Aug 01Returns Are Gaining Momentum At CGN Power (HKG:1816)
Jun 26We Think CGN Power (HKG:1816) Is Taking Some Risk With Its Debt
May 03CGN Power Co., Ltd. (HKG:1816) Shares Could Be 37% Below Their Intrinsic Value Estimate
Mar 18Slowing Rates Of Return At CGN Power (HKG:1816) Leave Little Room For Excitement
Feb 23Is CGN Power (HKG:1816) A Risky Investment?
Dec 19Returns At CGN Power (HKG:1816) Appear To Be Weighed Down
Nov 23CGN Power (HKG:1816) Has A Somewhat Strained Balance Sheet
Sep 05Investors Will Want CGN Power's (HKG:1816) Growth In ROCE To Persist
Aug 08CGN Power (HKG:1816) Has A Somewhat Strained Balance Sheet
May 26CGN Power (HKG:1816) Might Have The Makings Of A Multi-Bagger
Apr 13I Built A List Of Growing Companies And CGN Power (HKG:1816) Made The Cut
Feb 28CGN Power (HKG:1816) Has A Somewhat Strained Balance Sheet
Feb 10CGN Power (HKG:1816) Might Have The Makings Of A Multi-Bagger
Jan 03Does CGN Power (HKG:1816) Deserve A Spot On Your Watchlist?
Nov 30Is CGN Power (HKG:1816) Using Too Much Debt?
Nov 12CGN Power's (HKG:1816) Returns On Capital Are Heading Higher
Oct 03Should You Be Adding CGN Power (HKG:1816) To Your Watchlist Today?
Aug 23These 4 Measures Indicate That CGN Power (HKG:1816) Is Using Debt Extensively
Jul 19CGN Power (HKG:1816) Shareholders Will Want The ROCE Trajectory To Continue
Jun 17Does CGN Power (HKG:1816) Deserve A Spot On Your Watchlist?
May 06These 4 Measures Indicate That CGN Power (HKG:1816) Is Using Debt Extensively
Apr 11Can CGN Power (HKG:1816) Continue To Grow Its Returns On Capital?
Mar 15CGN Power's(HKG:1816) Share Price Is Down 23% Over The Past Five Years.
Feb 17Taking A Look At CGN Power Co., Ltd.'s (HKG:1816) ROE
Jan 22These 4 Measures Indicate That CGN Power (HKG:1816) Is Using Debt Extensively
Dec 20What We Make Of CGN Power's (HKG:1816) Returns On Capital
Nov 24Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1816 has been paying a dividend for less than 10 years.
Growing Dividend: 1816's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
CGN Power Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (1816) | 3.7% |
Market Bottom 25% (HK) | 3.4% |
Market Top 25% (HK) | 8.2% |
Industry Average (Renewable Energy) | 4.0% |
Analyst forecast in 3 Years (1816) | 5.0% |
Notable Dividend: 1816's dividend (3.72%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.39%).
High Dividend: 1816's dividend (3.72%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), 1816's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.8%), 1816's dividend payments are well covered by cash flows.