China Power International Development Dividend
Dividend criteria checks 2/6
China Power International Development is a dividend paying company with a current yield of 3.92% that is well covered by earnings.
Key information
3.9%
Dividend yield
46%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.143 |
| Earnings per share | HK$0.29 |
| Dividend yield forecast | 8.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2380's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2380's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| China Power International Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2380) | 3.9% |
| Market Bottom 25% (HK) | 2.9% |
| Market Top 25% (HK) | 7.6% |
| Industry Average (Renewable Energy) | 3.6% |
| Analyst forecast (2380) (up to 3 years) | 8.3% |
Notable Dividend: 2380's dividend (3.92%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.89%).
High Dividend: 2380's dividend (3.92%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46%), 2380's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2380 is paying a dividend but the company has no free cash flows.