Everbright Grand China Assets Dividend
Dividend criteria checks 3/6
Everbright Grand China Assets is a dividend paying company with a current yield of 3.37% that is well covered by earnings. Next payment date is on 12th July, 2024 with an ex-dividend date of 20th June, 2024.
Key information
3.4%
Dividend yield
38%
Payout ratio
| Industry average yield | 5.7% |
| Next dividend pay date | 12 Jul 24 |
| Ex dividend date | 20 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.044 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Everbright Grand China Assets (HKG:3699) Is Reducing Its Dividend To CN¥0.0066
Mar 31
Everbright Grand China Assets' (HKG:3699) Dividend Will Be Increased To CN¥0.0217
Jun 16Recent updates
Everbright Grand China Assets (HKG:3699) Is Reducing Its Dividend To CN¥0.0066
Mar 31Everbright Grand China Assets Limited's (HKG:3699) Share Price Is Matching Sentiment Around Its Earnings
Feb 10Everbright Grand China Assets' (HKG:3699) Dividend Will Be Increased To CN¥0.0217
Jun 16Calculating The Fair Value Of Everbright Grand China Assets Limited (HKG:3699)
Nov 19Should You Or Shouldn't You: A Dividend Analysis on Everbright Grand China Assets Limited (HKG:3699)
Mar 18Calculating The Fair Value Of Everbright Grand China Assets Limited (HKG:3699)
Feb 08
Everbright Grand China Assets (HKG:3699) Is Growing Earnings But Are They A Good Guide?
Jan 13These 4 Measures Indicate That Everbright Grand China Assets (HKG:3699) Is Using Debt Reasonably Well
Dec 09Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3699 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3699 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Everbright Grand China Assets Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3699) | 3.4% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Real Estate) | 5.7% |
| Analyst forecast in 3 Years (3699) | n/a |
Notable Dividend: 3699's dividend (3.37%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 3699's dividend (3.37%) 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 (38%), 3699's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.1%), 3699's dividend payments are well covered by cash flows.