HD Renewable Energy Dividend
Dividend criteria checks 2/6
HD Renewable Energy is a dividend paying company with a current yield of 2.2% that is well covered by earnings.
Key information
2.2%
Dividend yield
49%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$8.05 |
| Dividend yield forecast in 3Y | 4.7% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6873 has been paying a dividend for less than 10 years.
Growing Dividend: 6873's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| HD Renewable Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6873) | 2.2% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Renewable Energy) | 2.9% |
| Analyst forecast in 3 Years (6873) | 4.7% |
Notable Dividend: 6873's dividend (2.2%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 6873's dividend (2.2%) is low compared to the top 25% of dividend payers in the TW market (4.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), 6873's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6873 is paying a dividend but the company has no free cash flows.