Chengdu Expressway Dividend
Dividend criteria checks 4/6
Chengdu Expressway is a dividend paying company with a current yield of 8.47% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 30th May, 2024.
Key information
8.5%
Dividend yield
45%
Payout ratio
| Industry average yield | 6.5% |
| Next dividend pay date | 26 Jul 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.36 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Does Chengdu Expressway (HKG:1785) Deserve A Spot On Your Watchlist?
Jan 03
Chengdu Expressway (HKG:1785) Is Increasing Its Dividend To HK$0.15
Jun 13Chengdu Expressway (HKG:1785) Takes On Some Risk With Its Use Of Debt
May 29Chengdu Expressway's (HKG:1785) Returns On Capital Not Reflecting Well On The Business
Apr 17How Does Chengdu Expressway Co., Ltd. (HKG:1785) Fare As A Dividend Stock?
Feb 14
Should Weakness in Chengdu Expressway Co., Ltd.'s (HKG:1785) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Jan 18We're Watching These Trends At Chengdu Expressway (HKG:1785)
Dec 19Should You Use Chengdu Expressway's (HKG:1785) Statutory Earnings To Analyse It?
Nov 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1785 has been paying a dividend for less than 10 years.
Growing Dividend: 1785's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Chengdu Expressway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1785) | 8.5% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Infrastructure) | 6.5% |
| Analyst forecast in 3 Years (1785) | n/a |
Notable Dividend: 1785's dividend (8.47%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 1785's dividend (8.47%) is in the top 25% of dividend payers in the Hong Kong market (7.83%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45%), 1785's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.1%), 1785's dividend payments are well covered by cash flows.