Xinyi Energy Holdings is a dividend paying company with a current yield of 4.68% that is well covered by earnings. Next payment date is on 7th August, 2024 with an ex-dividend date of 4th June, 2024.
Key information
4.7%
Dividend yield
48%
Payout ratio
Industry average yield
4.0%
Next dividend pay date
07 Aug 24
Ex dividend date
04 Jun 24
Dividend per share
n/a
Earnings per share
HK$0.12
Dividend yield forecast in 3Y
8.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3868 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3868 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Xinyi Energy Holdings Dividend Yield vs Market
How does 3868 dividend yield compare to the market?
Segment
Dividend Yield
Company (3868)
4.7%
Market Bottom 25% (HK)
3.3%
Market Top 25% (HK)
8.1%
Industry Average (Renewable Energy)
4.0%
Analyst forecast in 3 Years (3868)
8.3%
Notable Dividend: 3868's dividend (4.68%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.29%).
High Dividend: 3868's dividend (4.68%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.8%), 3868's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 3868's cash payout ratio to determine if its dividend payments are covered by cash flows.