China Longyuan Power Group Dividend
Dividend criteria checks 3/6
China Longyuan Power Group is a dividend paying company with a current yield of 3.44% that is well covered by earnings.
Key information
3.4%
Dividend yield
0.05%
Buyback Yield
Total Shareholder Yield | 3.5% |
Future Dividend Yield | 4.4% |
Dividend Growth | 9.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | HK$0.241 |
Payout ratio | 33% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 916's dividend payments have been volatile in the past 10 years.
Growing Dividend: 916's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Longyuan Power Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (916) | 3.4% |
Market Bottom 25% (HK) | 3.1% |
Market Top 25% (HK) | 7.8% |
Industry Average (Renewable Energy) | 4.0% |
Analyst forecast (916) (up to 3 years) | 4.4% |
Notable Dividend: 916's dividend (3.44%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 916's dividend (3.44%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.93%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), 916's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 916 is paying a dividend but the company has no free cash flows.