China Energy Engineering Dividend
Dividend criteria checks 1/6
China Energy Engineering is a dividend paying company with a current yield of 3.15% that is well covered by earnings. Next payment date is on 15th August, 2024 with an ex-dividend date of 11th July, 2024.
Key information
3.2%
Dividend yield
14%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | 15 Aug 24 |
| Ex dividend date | 11 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.20 |
| Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3996 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3996's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| China Energy Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3996) | 3.2% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.6% |
| Industry Average (Construction) | 5.6% |
| Analyst forecast in 3 Years (3996) | 1.2% |
Notable Dividend: 3996's dividend (3.15%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 3996's dividend (3.15%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.7%), 3996's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3996 is paying a dividend but the company has no free cash flows.