China Education Group Holdings is a dividend paying company with a current yield of 6.15% that is well covered by earnings. Next payment date is on 18th July, 2024 with an ex-dividend date of 7th June, 2024.
Key information
6.1%
Dividend yield
56%
Payout ratio
Industry average yield
4.8%
Next dividend pay date
18 Jul 24
Ex dividend date
07 Jun 24
Dividend per share
n/a
Earnings per share
HK$0.56
Dividend yield forecast in 3Y
10.1%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 839 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 839's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
China Education Group Holdings Dividend Yield vs Market
How does 839 dividend yield compare to the market?
Segment
Dividend Yield
Company (839)
6.1%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
8.0%
Industry Average (Consumer Services)
4.8%
Analyst forecast in 3 Years (839)
10.1%
Notable Dividend: 839's dividend (6.15%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 839's dividend (6.15%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.9%), 839's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.9%), 839's dividend payments are covered by cash flows.