Canvest Environmental Protection Group Company Limited
SZSC:1381 Stock Report
Market Cap: HK$9.9b
Canvest Environmental Protection Group Dividend
Dividend criteria checks 1/6
Canvest Environmental Protection Group is a dividend paying company with a current yield of 1.99% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 25th June, 2024.
Key information
2.0%
Dividend yield
20%
Payout ratio
Industry average yield
4.1%
Next dividend pay date
31 Jul 24
Ex dividend date
25 Jun 24
Dividend per share
n/a
Earnings per share
HK$0.41
Dividend yield forecast in 3Y
3.1%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1381 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1381's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Canvest Environmental Protection Group Dividend Yield vs Market
How does 1381 dividend yield compare to the market?
Segment
Dividend Yield
Company (1381)
2.0%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
8.0%
Industry Average (Renewable Energy)
4.1%
Analyst forecast in 3 Years (1381)
3.1%
Notable Dividend: 1381's dividend (1.99%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1381's dividend (1.99%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.7%), 1381's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 1381's cash payout ratio to determine if its dividend payments are covered by cash flows.