Hydro Power - Power No. 3 Dividend
Dividend criteria checks 1/6
Hydro Power - Power No. 3 is a dividend paying company with a current yield of 5.92%. Next payment date is on 17th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
5.9%
Dividend yield
n/a
Payout ratio
| Industry average yield | 9.7% |
| Next dividend pay date | 17 May 24 |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₫0 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DRL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DRL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Hydro Power - Power No. 3 Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DRL) | 5.9% |
| Market Bottom 25% (VN) | 3.4% |
| Market Top 25% (VN) | 8.7% |
| Industry Average (Renewable Energy) | 9.7% |
| Analyst forecast in 3 Years (DRL) | n/a |
Notable Dividend: DRL's dividend (5.92%) is higher than the bottom 25% of dividend payers in the VN market (3.43%).
High Dividend: DRL's dividend (5.92%) is low compared to the top 25% of dividend payers in the VN market (8.67%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate DRL's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate DRL's cash payout ratio to determine if its dividend payments are covered by cash flows.