HD Renewable Energy Dividends and Buybacks
Dividend criteria checks 2/6
HD Renewable Energy is a dividend paying company with a current yield of 2% that is well covered by earnings.
Key information
2.0%
Dividend yield
-9.4%
Buyback Yield
| Total Shareholder Yield | -7.4% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | -11.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$3.981 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
HD Renewable Energy Co., Ltd. (TWSE:6873) Shares Could Be 30% Above Their Intrinsic Value Estimate
Sep 23
HD Renewable Energy Co., Ltd. (TWSE:6873) Looks Just Right With A 52% Price Jump
Jul 17The Market Lifts HD Renewable Energy Co., Ltd. (TWSE:6873) Shares 27% But It Can Do More
Apr 17HD Renewable Energy's (TWSE:6873) Shareholders Should Assess Earnings With Caution
Mar 21Stability 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) | 2.0% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Renewable Energy) | 2.7% |
| Analyst forecast (6873) (up to 3 years) | 5.0% |
Notable Dividend: 6873's dividend (2%) is higher than the bottom 25% of dividend payers in the TW market (1.76%).
High Dividend: 6873's dividend (2%) is low compared to the top 25% of dividend payers in the TW market (4.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.7%), 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.