ENN Energy Holdings Dividends and Buybacks
Dividend criteria checks 4/6
ENN Energy Holdings is a dividend paying company with a current yield of 5.54% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 1st November, 2024.
Key information
5.5%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 7.0% |
| Dividend Growth | 11.0% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 01 Nov 24 |
| Dividend per share | HK$2.898 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2688's dividends per share have been stable in the past 10 years.
Growing Dividend: 2688's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| ENN Energy Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2688) | 5.5% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Gas Utilities) | 5.5% |
| Analyst forecast (2688) (up to 3 years) | 7.0% |
Notable Dividend: 2688's dividend (5.54%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2688's dividend (5.54%) 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 reasonably low payout ratio (49.9%), 2688's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.2%), 2688's dividend payments are not well covered by cash flows.