CGN Power Dividend
Dividend criteria checks 2/6
CGN Power is a dividend paying company with a current yield of 3.08% that is well covered by earnings.
Key information
3.1%
Dividend yield
44%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$0.21 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1816 has been paying a dividend for less than 10 years.
Growing Dividend: 1816's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
CGN Power Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1816) | 3.1% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 7.8% |
Industry Average (Renewable Energy) | 3.3% |
Analyst forecast in 3 Years (1816) | 3.8% |
Notable Dividend: 1816's dividend (3.08%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.23%).
High Dividend: 1816's dividend (3.08%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), 1816's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.8%), 1816's dividend payments are well covered by cash flows.