China Overseas Land & Investment Dividend
Dividend criteria checks 4/6
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 |
|---|
| 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.