China Datang Corporation Renewable Power Dividend
Dividend criteria checks 2/6
China Datang Renewable Power is a dividend paying company with a current yield of 2.9% that is well covered by earnings.
Key information
2.9%
Dividend yield
36%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | HK$0.0657 |
Earnings per share | HK$0.27 |
Dividend yield forecast | 4.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1798's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1798's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Datang Corporation Renewable Power Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1798) | 2.9% |
Market Bottom 25% (HK) | 3.0% |
Market Top 25% (HK) | 7.7% |
Industry Average (Renewable Energy) | 3.8% |
Analyst forecast (1798) (up to 3 years) | 4.5% |
Notable Dividend: 1798's dividend (2.9%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.97%).
High Dividend: 1798's dividend (2.9%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), 1798's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1798 is paying a dividend but the company has no free cash flows.