China Overseas Land & Investment is a dividend paying company with a current yield of 5.5% that is well covered by earnings. Next payment date is on 12th July, 2024 with an ex-dividend date of 25th June, 2024.
Key information
5.5%
Dividend yield
31%
Payout ratio
Industry average yield
5.8%
Next dividend pay date
12 Jul 24
Ex dividend date
25 Jun 24
Dividend per share
n/a
Earnings per share
HK$2.34
Dividend yield forecast in 3Y
6.0%
Recent dividend updates
Recent 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)
5.5%
Market Bottom 25% (HK)
3.3%
Market Top 25% (HK)
8.0%
Industry Average (Real Estate)
5.8%
Analyst forecast in 3 Years (688)
6.0%
Notable Dividend: 688's dividend (5.5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.29%).
High Dividend: 688's dividend (5.5%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31%), 688's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23%), 688's dividend payments are well covered by cash flows.