The board of Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) has announced that it will pay a dividend of $0.15 per share on the 15th of November. This means the annual payment will be 3.3% of the current stock price, which is lower than the industry average.
View our latest analysis for Capital Clean Energy Carriers
Capital Clean Energy Carriers’ Future Dividend Projections Appear Well Covered By Earnings
It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. Based on the last payment, Capital Clean Energy Carriers was earning enough to cover the dividend, but free cash flows weren’t positive. With the company not bringing in any cash, paying out to shareholders is bound to become difficult at some point.
EPS is set to fall by 32.0% over the next 12 months. If the dividend continues along the path it has been on recently, we estimate…
