CRCC High-Tech Equipment Corporation Limited

SEHK:1786 Stock Report

Market Cap: HK$1.1b

CRCC High-Tech Equipment Dividend

Dividend criteria checks 3/6

CRCC High-Tech Equipment is a dividend paying company with a current yield of 4.61% that is well covered by earnings. Next payment date is on 22nd August, 2024 with an ex-dividend date of 4th July, 2024.

Key information

4.6%

Dividend yield

31%

Payout ratio

Industry average yield3.4%
Next dividend pay date22 Aug 24
Ex dividend date04 Jul 24
Dividend per sharen/a
Earnings per shareHK$0.095
Dividend yield forecast in 3Y4.6%

Recent dividend updates

CRCC High-Tech Equipment (HKG:1786) Will Pay A Larger Dividend Than Last Year At CN¥0.027

Jul 03
CRCC High-Tech Equipment (HKG:1786) Will Pay A Larger Dividend Than Last Year At CN¥0.027

Recent updates

CRCC High-Tech Equipment's (HKG:1786) Earnings Are Weaker Than They Seem

Apr 02
CRCC High-Tech Equipment's (HKG:1786) Earnings Are Weaker Than They Seem

The Return Trends At CRCC High-Tech Equipment (HKG:1786) Look Promising

Jan 30
The Return Trends At CRCC High-Tech Equipment (HKG:1786) Look Promising

CRCC High-Tech Equipment (HKG:1786) Will Pay A Larger Dividend Than Last Year At CN¥0.027

Jul 03
CRCC High-Tech Equipment (HKG:1786) Will Pay A Larger Dividend Than Last Year At CN¥0.027

Some Investors May Be Worried About CRCC High-Tech Equipment's (HKG:1786) Returns On Capital

Mar 06
Some Investors May Be Worried About CRCC High-Tech Equipment's (HKG:1786) Returns On Capital

Returns On Capital Signal Difficult Times Ahead For CRCC High-Tech Equipment (HKG:1786)

Dec 31
Returns On Capital Signal Difficult Times Ahead For CRCC High-Tech Equipment (HKG:1786)

Is CRCC High-Tech Equipment Corporation Limited (HKG:1786) A Strong Dividend Stock?

Jan 30
Is CRCC High-Tech Equipment Corporation Limited (HKG:1786) A Strong Dividend Stock?

How Much Is CRCC High-Tech Equipment's (HKG:1786) CEO Getting Paid?

Dec 08
How Much Is CRCC High-Tech Equipment's (HKG:1786) CEO Getting Paid?

Upcoming Dividend Payment

TodayJun 24 2024Ex Dividend DateJul 04 2024Dividend Pay DateAug 22 202449 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 1786 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1786 has only been paying a dividend for 8 years, and since then payments have fallen.


Dividend Yield vs Market

CRCC High-Tech Equipment Dividend Yield vs Market
How does 1786 dividend yield compare to the market?
SegmentDividend Yield
Company (1786)4.6%
Market Bottom 25% (HK)3.3%
Market Top 25% (HK)7.8%
Industry Average (Machinery)3.4%
Analyst forecast in 3 Years (1786)4.6%

Notable Dividend: 1786's dividend (4.61%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.28%).

High Dividend: 1786's dividend (4.61%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.83%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (31.4%), 1786's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (78.2%), 1786's dividend payments are covered by cash flows.


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