China Renewable Energy Investment Dividend
Dividend criteria checks 2/6
China Renewable Energy Investment is a dividend paying company with a current yield of 4.59% that is well covered by earnings. Next payment date is on 21st June, 2024 with an ex-dividend date of 7th June, 2024.
Key information
4.6%
Dividend yield
54%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | 21 Jun 24 |
| Ex dividend date | 07 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.0093 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
China Renewable Energy Investment Limited's (HKG:987) Share Price Could Signal Some Risk
Apr 30
Pinning Down China Renewable Energy Investment Limited's (HKG:987) P/E Is Difficult Right Now
Jan 30Does China Renewable Energy Investment (HKG:987) Have A Healthy Balance Sheet?
Nov 24Is China Renewable Energy Investment (HKG:987) Using Too Much Debt?
Apr 04These 4 Measures Indicate That China Renewable Energy Investment (HKG:987) Is Using Debt Extensively
Oct 28We Think China Renewable Energy Investment's (HKG:987) Robust Earnings Are Conservative
Apr 20China Renewable Energy Investment (HKG:987) Is Doing The Right Things To Multiply Its Share Price
Dec 31China Renewable Energy Investment (HKG:987) Has A Somewhat Strained Balance Sheet
Sep 27China Renewable Energy Investment (HKG:987) Is Doing The Right Things To Multiply Its Share Price
Sep 06Does China Renewable Energy Investment (HKG:987) Have A Healthy Balance Sheet?
May 26A Look At The Fair Value Of China Renewable Energy Investment Limited (HKG:987)
May 05We Like These Underlying Return On Capital Trends At China Renewable Energy Investment (HKG:987)
Mar 26Can You Imagine How China Renewable Energy Investment's (HKG:987) Shareholders Feel About The 47% Share Price Increase?
Feb 17
Estimating The Intrinsic Value Of China Renewable Energy Investment Limited (HKG:987)
Jan 12Here's What We Learned About The CEO Pay At China Renewable Energy Investment Limited (HKG:987)
Dec 16Returns On Capital - An Important Metric For China Renewable Energy Investment (HKG:987)
Nov 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 987 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 987's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| China Renewable Energy Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (987) | 4.6% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Renewable Energy) | 4.1% |
| Analyst forecast in 3 Years (987) | n/a |
Notable Dividend: 987's dividend (4.59%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 987's dividend (4.59%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.8%), 987's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 987's cash payout ratio to determine if its dividend payments are covered by cash flows.