CGN New Energy Holdings Dividend
Dividend criteria checks 2/6
CGN New Energy Holdings is a dividend paying company with a current yield of 5.16% that is well covered by earnings.
Key information
5.2%
Dividend yield
26%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.122 |
| Earnings per share | HK$0.059 |
| Future Dividend Yield | 8.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1811 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1811's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| CGN New Energy Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1811) | 5.2% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Renewable Energy) | 4.1% |
| Analyst forecast (1811) (up to 3 years) | 8.0% |
Notable Dividend: 1811's dividend (5.16%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.19%).
High Dividend: 1811's dividend (5.16%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.4%), 1811's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1811 is paying a dividend but the company has no free cash flows.