SEHK:371Water Utilities
Is Beijing Enterprises Water Group (SEHK:371) A Bargain After Its Dividend Cut And Weaker Half Year Results?
Beijing Enterprises Water Group (SEHK:371) has cut its interim cash dividend to HK$0.0554 per share for the six months to 30 June 2026, alongside weaker half year revenue and net income.
The dividend reduction and softer half year earnings have coincided with weaker market sentiment toward Beijing Enterprises Water Group. The share price is down 26.2% over the past month and 31.0% year to date, while the 3 year total shareholder return remains positive at 14.3%.
Pressure test the setback of...