China Overseas Land & Investment is a dividend paying company with a current yield of 6.46% that is well covered by earnings. Next payment date is on 4th October, 2024 with an ex-dividend date of 16th September, 2024.
Key information
6.5%
Dividend yield
33%
Payout ratio
Industry average yield
6.4%
Next dividend pay date
04 Oct 24
Ex dividend date
16 Sep 24
Dividend per share
HK$0.800
Earnings per share
HK$2.05
Dividend yield forecast in 3Y
6.3%
Recent dividend updates
No updates
Recent updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688's dividend payments have been volatile in the past 10 years.
Growing Dividend: 688's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Overseas Land & Investment Dividend Yield vs Market
How does 688 dividend yield compare to the market?
Segment
Dividend Yield
Company (688)
6.5%
Market Bottom 25% (HK)
3.5%
Market Top 25% (HK)
8.3%
Industry Average (Real Estate)
6.4%
Analyst forecast in 3 Years (688)
6.3%
Notable Dividend: 688's dividend (6.46%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.55%).
High Dividend: 688's dividend (6.46%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), 688's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.7%), 688's dividend payments are well covered by cash flows.