CGN New Energy Holdings Dividend
Dividend criteria checks 3/6
CGN New Energy Holdings is a dividend paying company with a current yield of 3.36% that is well covered by earnings.
Key information
3.4%
Dividend yield
19%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.05 |
Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGEG.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CGEG.F's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
CGN New Energy Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CGEG.F) | 3.4% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Renewable Energy) | 2.7% |
Analyst forecast in 3 Years (CGEG.F) | 3.7% |
Notable Dividend: CGEG.F's dividend (3.36%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: CGEG.F's dividend (3.36%) is low compared to the top 25% of dividend payers in the US market (4.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19%), CGEG.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.9%), CGEG.F's dividend payments are thoroughly covered by cash flows.