China Chengtong Development Group Dividend
Dividend criteria checks 2/6
China Chengtong Development Group is a dividend paying company with a current yield of 3.74% that is well covered by earnings. Next payment date is on 19th July, 2024 with an ex-dividend date of 3rd July, 2024.
Key information
3.7%
Dividend yield
30%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | 19 Jul 24 |
| Ex dividend date | 03 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.011 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
China Chengtong Development Group (HKG:217) Shareholders Will Want The ROCE Trajectory To Continue
Aug 27
Investors 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
Upcoming Dividend Payment
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 3 years, and since then payments have fallen.
Dividend Yield vs Market
| China Chengtong Development Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (217) | 3.7% |
| Market Bottom 25% (HK) | 3.1% |
| Market Top 25% (HK) | 7.5% |
| Industry Average (Trade Distributors) | 4.8% |
| Analyst forecast in 3 Years (217) | n/a |
Notable Dividend: 217's dividend (3.74%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.08%).
High Dividend: 217's dividend (3.74%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.8%), 217's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 217 is paying a dividend but the company has no free cash flows.