Copperbelt Energy Dividend
Dividend criteria checks 3/6
Copperbelt Energy is a dividend paying company with a current yield of 11.13% that is well covered by earnings.
Key information
11.1%
Dividend yield
40%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | K0.085 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CEC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CEC's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Copperbelt Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CEC) | 11.1% |
| Market Bottom 25% (ZM) | 5.6% |
| Market Top 25% (ZM) | 11.0% |
| Industry Average (Electric Utilities) | 4.0% |
| Analyst forecast in 3 Years (CEC) | n/a |
Notable Dividend: CEC's dividend (11.13%) is higher than the bottom 25% of dividend payers in the ZM market (5.61%).
High Dividend: CEC's dividend (11.13%) is in the top 25% of dividend payers in the ZM market (10.97%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), CEC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (155.7%), CEC's dividend payments are not well covered by cash flows.