China Power International Development Dividend
Dividend criteria checks 2/6
China Power International Development is a dividend paying company with a current yield of 3.5% that is well covered by earnings.
Key information
3.5%
Dividend yield
61%
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$0.22 |
Dividend yield forecast in 3Y | 7.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2380's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2380's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
China Power International Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2380) | 3.5% |
Market Bottom 25% (HK) | 3.4% |
Market Top 25% (HK) | 8.0% |
Industry Average (Renewable Energy) | 3.3% |
Analyst forecast in 3 Years (2380) | 7.3% |
Notable Dividend: 2380's dividend (3.5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.36%).
High Dividend: 2380's dividend (3.5%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.98%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.4%), 2380's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2380 is paying a dividend but the company has no free cash flows.