Chongqing Machinery & Electric Dividend
Dividend criteria checks 2/6
Chongqing Machinery & Electric is a dividend paying company with a current yield of 3.22% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 14th June, 2024.
Key information
3.2%
Dividend yield
25%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | 26 Jul 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.082 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Chongqing Machinery & Electric (HKG:2722)
Apr 16
Chongqing Machinery & Electric's (HKG:2722) Returns Have Hit A Wall
Nov 16A Look At The Intrinsic Value Of Chongqing Machinery & Electric Co., Ltd. (HKG:2722)
Oct 24Chongqing Machinery & Electric (HKG:2722) Has A Somewhat Strained Balance Sheet
Sep 13Chongqing Machinery & Electric (HKG:2722) Is Making Moderate Use Of Debt
Dec 13Chongqing Machinery & Electric (HKG:2722) Is Doing The Right Things To Multiply Its Share Price
Mar 09Returns At Chongqing Machinery & Electric (HKG:2722) Are On The Way Up
Aug 04Chongqing Machinery & Electric Co., Ltd.'s (HKG:2722) CEO Compensation Looks Acceptable To Us And Here's Why
Jun 17Chongqing Machinery & Electric (HKG:2722) Shareholders Will Want The ROCE Trajectory To Continue
Apr 16Chongqing Machinery & Electric (HKG:2722) Has A Somewhat Strained Balance Sheet
Mar 26Chongqing Machinery & Electric's (HKG:2722) Shareholders Are Down 30% On Their Shares
Feb 06What Is The Ownership Structure Like For Chongqing Machinery & Electric Co., Ltd. (HKG:2722)?
Jan 10How Much Does Chongqing Machinery & Electric's (HKG:2722) CEO Make?
Dec 15Is Chongqing Machinery & Electric (HKG:2722) Using Too Much Debt?
Nov 27Would Shareholders Who Purchased Chongqing Machinery & Electric's(HKG:2722) Stock Five Years Be Happy With The Share price Today?
Jul 12Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2722's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2722's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Chongqing Machinery & Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2722) | 3.2% |
| Market Bottom 25% (HK) | 3.0% |
| Market Top 25% (HK) | 7.4% |
| Industry Average (Industrials) | 5.9% |
| Analyst forecast in 3 Years (2722) | n/a |
Notable Dividend: 2722's dividend (3.22%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.04%).
High Dividend: 2722's dividend (3.22%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25%), 2722's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2722 is paying a dividend but the company has no free cash flows.