Canggang Railway Dividend
Dividend criteria checks 0/6
Canggang Railway is a dividend paying company with a current yield of 0.51%.
Key information
0.5%
Dividend yield
37%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.0076 |
| Earnings per share | HK$0.019 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2909 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 2909 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Canggang Railway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2909) | 0.5% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.2% |
| Industry Average (Transportation) | 4.3% |
| Analyst forecast (2909) (up to 3 years) | n/a |
Notable Dividend: 2909's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.2%).
High Dividend: 2909's dividend (0.51%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.35%).
Earnings Payout to Shareholders
Earnings Coverage: 2909 is not paying a notable dividend for the Hong Kong market.
Cash Payout to Shareholders
Cash Flow Coverage: 2909 is not paying a notable dividend for the Hong Kong market.