China Development Bank Financial Leasing Dividend
Dividend criteria checks 3/6
China Development Bank Financial Leasing is a dividend paying company with a current yield of 5.06% that is well covered by earnings.
Key information
5.1%
Dividend yield
30%
Payout ratio
| Industry average yield | 7.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.33 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
China Development Bank Financial Leasing Co., Ltd.'s (HKG:1606) 27% Price Boost Is Out Of Tune With Earnings
Mar 12
Earnings Working Against China Development Bank Financial Leasing Co., Ltd.'s (HKG:1606) Share Price
Jan 23Should You Be Adding China Development Bank Financial Leasing (HKG:1606) To Your Watchlist Today?
Mar 30Is China Development Bank Financial Leasing Co., Ltd. (HKG:1606) An Attractive Dividend Stock?
Apr 28Is Now The Time To Put China Development Bank Financial Leasing (HKG:1606) On Your Watchlist?
Apr 02China Development Bank Financial Leasing's (HKG:1606) Stock Price Has Reduced 33% In The Past Three Years
Mar 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1606 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1606's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| China Development Bank Financial Leasing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1606) | 5.1% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Diversified Financial) | 7.4% |
| Analyst forecast in 3 Years (1606) | n/a |
Notable Dividend: 1606's dividend (5.06%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1606's dividend (5.06%) 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 reasonably low payout ratio (30%), 1606's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.7%), 1606's dividend payments are thoroughly covered by cash flows.