China Chengtong Development Group Dividends and Buybacks
Dividend criteria checks 2/6
China Chengtong Development Group is a dividend paying company with a current yield of 3.21% that is well covered by earnings.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -10.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.0034 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Earnings Not Telling The Story For China Chengtong Development Group Limited (HKG:217) After Shares Rise 38%
Oct 02
There May Be Some Bright Spots In China Chengtong Development Group's (HKG:217) Earnings
Sep 20China Chengtong Development Group Limited (HKG:217) Investors Are Less Pessimistic Than Expected
Jun 27China Chengtong Development Group (HKG:217) Shareholders Will Want The ROCE Trajectory To Continue
Aug 27Investors Will Want China Chengtong Development Group's (HKG:217) Growth In ROCE To Persist
Feb 28China Chengtong Development Group (HKG:217) Is Doing The Right Things To Multiply Its Share Price
Nov 22Returns Are Gaining Momentum At China Chengtong Development Group (HKG:217)
Dec 07Returns On Capital Are Showing Encouraging Signs At China Chengtong Development Group (HKG:217)
Jul 27China Chengtong Development Group (HKG:217) Shareholders Will Want The ROCE Trajectory To Continue
Apr 19China Chengtong Development Group (HKG:217) Share Prices Have Dropped 75% In The Last Five Years
Mar 15What Do The Returns At China Chengtong Development Group (HKG:217) Mean Going Forward?
Jan 03China Chengtong Development Group (HKG:217) Share Prices Have Dropped 78% In The Last Five Years
Dec 06
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 217 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 217 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| China Chengtong Development Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (217) | 3.2% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Trade Distributors) | 5.7% |
| Analyst forecast (217) (up to 3 years) | n/a |
Notable Dividend: 217's dividend (3.21%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.24%).
High Dividend: 217's dividend (3.21%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.2%), 217's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (0.9%), 217's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 00:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Chengtong Development Group Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gajanan Polawar | Virtua Research Inc. |