China Longyuan Power Group Corporation Limited

SHSC:916 Stock Report

Market Cap: HK$122.6b

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 Yield3.5%
Future Dividend Yield4.4%
Dividend Growth9.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareHK$0.241
Payout ratio33%

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
How does 916 dividend yield compare to the market?
SegmentDividend 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.


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