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Central China New Life Dividend
Dividend criteria checks 3/6
Central China New Life is a dividend paying company with a current yield of 18.47% that is well covered by earnings. Next payment date is on 20th December, 2023 with an ex-dividend date of 18th September, 2023.
Key information
18.5%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 18.7% |
| Future Dividend Yield | 12.8% |
| Dividend Growth | 56.8% |
| Next dividend pay date | 20 Dec 23 |
| Ex dividend date | 18 Sep 23 |
| Dividend per share | n/a |
| Payout ratio | 80% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9983 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9983's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Central China New Life Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9983) | 18.5% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Real Estate) | 5.4% |
| Analyst forecast (9983) (up to 3 years) | 12.8% |
Notable Dividend: 9983's dividend (18.47%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.8%).
High Dividend: 9983's dividend (18.47%) is in the top 25% of dividend payers in the Hong Kong market (7.71%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.2%), 9983's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (151.9%), 9983's dividend payments are not well covered by cash flows.