China Travel International Investment Hong Kong Dividend
Dividend criteria checks 2/6
China Travel International Investment Hong Kong is a dividend paying company with a current yield of 1.95% that is well covered by earnings. Next payment date is on 20th June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
2.0%
Dividend yield
58%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 20 Jun 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.043 |
| Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTI's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTI's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| China Travel International Investment Hong Kong Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTI) | 2.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Hospitality) | 3.0% |
| Analyst forecast in 3 Years (CTI) | 3.3% |
Notable Dividend: CTI's dividend (1.95%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: CTI's dividend (1.95%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.8%), CTI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CTI is paying a dividend but the company has no free cash flows.