China New Town Development Dividend
Dividend criteria checks 3/6
China New Town Development is a dividend paying company with a current yield of 10.94% that is well covered by earnings. Next payment date is on 16th August, 2024 with an ex-dividend date of 12th July, 2024.
Key information
10.9%
Dividend yield
35%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | 16 Aug 24 |
| Ex dividend date | 12 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.014 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Health Check: How Prudently Does China New Town Development (HKG:1278) Use Debt?
Dec 12
China New Town Development (HKG:1278) Could Easily Take On More Debt
May 16Is China New Town Development (HKG:1278) Using Too Much Debt?
Aug 31Is China New Town Development (HKG:1278) Using Too Much Debt?
May 09China New Town Development (HKG:1278) Seems To Use Debt Quite Sensibly
Dec 10Is China New Town Development (HKG:1278) A Risky Investment?
Aug 09Here's Why China New Town Development (HKG:1278) Can Manage Its Debt Responsibly
Apr 05Is China New Town Development Company Limited (HKG:1278) Popular Amongst Insiders?
Mar 01If You Had Bought China New Town Development's (HKG:1278) Shares Three Years Ago You Would Be Down 53%
Jan 25China New Town Development (HKG:1278) Seems To Use Debt Quite Sensibly
Dec 21We're Not So Sure You Should Rely on China New Town Development's (HKG:1278) Statutory Earnings
Nov 30
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1278 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1278 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| China New Town Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1278) | 10.9% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Real Estate) | 5.9% |
| Analyst forecast in 3 Years (1278) | n/a |
Notable Dividend: 1278's dividend (10.94%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.38%).
High Dividend: 1278's dividend (10.94%) is in the top 25% of dividend payers in the Hong Kong market (8.1%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.1%), 1278's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1278 is paying a dividend but the company has no free cash flows.