Greentown China Holdings Dividend
Dividend criteria checks 3/6
Greentown China Holdings is a dividend paying company with a current yield of 4.63% that is well covered by earnings.
Key information
4.6%
Dividend yield
42%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.464 |
| Earnings per share | HK$1.03 |
| Dividend yield forecast | 5.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3900's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3900's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Greentown China Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3900) | 4.6% |
| Market Bottom 25% (HK) | 3.0% |
| Market Top 25% (HK) | 7.7% |
| Industry Average (Real Estate) | 4.9% |
| Analyst forecast (3900) (up to 3 years) | 5.2% |
Notable Dividend: 3900's dividend (4.63%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.97%).
High Dividend: 3900's dividend (4.63%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.6%), 3900's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.9%), 3900's dividend payments are thoroughly covered by cash flows.