China Resources Gas Group Dividend
Dividend criteria checks 4/6
China Resources Gas Group is a dividend paying company with a current yield of 4.65% that is well covered by earnings. Next payment date is on 17th July, 2024 with an ex-dividend date of 28th May, 2024.
Key information
4.6%
Dividend yield
50%
Payout ratio
| Industry average yield | 5.2% |
| Next dividend pay date | 17 Jul 24 |
| Ex dividend date | 28 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$2.26 |
| Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
China Resources Gas Group (HKG:1193) Will Pay A Larger Dividend Than Last Year At HK$1.01
Apr 25
China Resources Gas Group (HKG:1193) Will Pay A Larger Dividend Than Last Year At HK$1.01
Mar 31China Resources Gas Group (HKG:1193) Will Pay A Dividend Of HK$0.15
Aug 28Recent updates
China Resources Gas Group (HKG:1193) Will Pay A Larger Dividend Than Last Year At HK$1.01
Apr 25China Resources Gas Group (HKG:1193) Will Pay A Larger Dividend Than Last Year At HK$1.01
Mar 31Are Investors Undervaluing China Resources Gas Group Limited (HKG:1193) By 47%?
Jan 30The Returns On Capital At China Resources Gas Group (HKG:1193) Don't Inspire Confidence
Jan 08Investor Optimism Abounds China Resources Gas Group Limited (HKG:1193) But Growth Is Lacking
Dec 18China Resources Gas Group (HKG:1193) Has A Somewhat Strained Balance Sheet
Oct 25Returns On Capital At China Resources Gas Group (HKG:1193) Paint A Concerning Picture
Oct 07China Resources Gas Group Limited's (HKG:1193) Intrinsic Value Is Potentially 98% Above Its Share Price
Sep 19China Resources Gas Group (HKG:1193) Will Pay A Dividend Of HK$0.15
Aug 28China Resources Gas Group (HKG:1193) Will Be Hoping To Turn Its Returns On Capital Around
Jun 30Calculating The Fair Value Of China Resources Gas Group Limited (HKG:1193)
Jun 08These 4 Measures Indicate That China Resources Gas Group (HKG:1193) Is Using Debt Extensively
Apr 02Return Trends At China Resources Gas Group (HKG:1193) Aren't Appealing
Feb 24China Resources Gas Group (HKG:1193) Hasn't Managed To Accelerate Its Returns
Nov 23Is China Resources Gas Group (HKG:1193) A Risky Investment?
Oct 11China Resources Gas Group (HKG:1193) Is Due To Pay A Dividend Of HK$0.15
Aug 29China Resources Gas Group Limited's (HKG:1193) Intrinsic Value Is Potentially 33% Above Its Share Price
Aug 28Investors Met With Slowing Returns on Capital At China Resources Gas Group (HKG:1193)
Aug 08We Think China Resources Gas Group (HKG:1193) Can Stay On Top Of Its Debt
May 08Slowing Rates Of Return At China Resources Gas Group (HKG:1193) Leave Little Room For Excitement
Apr 17With EPS Growth And More, China Resources Gas Group (HKG:1193) Is Interesting
Jan 30Returns At China Resources Gas Group (HKG:1193) Appear To Be Weighed Down
Jan 09Does China Resources Gas Group (HKG:1193) Have A Healthy Balance Sheet?
Nov 29With EPS Growth And More, China Resources Gas Group (HKG:1193) Is Interesting
Oct 25China Resources Gas Group's (HKG:1193) Returns Have Hit A Wall
Oct 08China Resources Gas Group (HKG:1193) Has Re-Affirmed Its Dividend Of HK$0.15
Sep 03Is China Resources Gas Group (HKG:1193) Using Too Much Debt?
Aug 22Are Investors Undervaluing China Resources Gas Group Limited (HKG:1193) By 36%?
Aug 05China Resources Gas Group (HKG:1193) Has More To Do To Multiply In Value Going Forward
Jun 24Are You An Income Investor? Don't Miss Out On China Resources Gas Group Limited (HKG:1193)
Apr 29We Think China Resources Gas Group (HKG:1193) Can Stay On Top Of Its Debt
Mar 27Analysts' Revenue Estimates For China Resources Gas Group Limited (HKG:1193) Are Surging Higher
Mar 27The China Resources Gas Group (HKG:1193) Share Price Is Up 84% And Shareholders Are Holding On
Mar 08Returns On Capital At China Resources Gas Group (HKG:1193) Paint An Interesting Picture
Feb 18
Estimating The Fair Value Of China Resources Gas Group Limited (HKG:1193)
Jan 29China Resources Gas Group Limited's (HKG:1193) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 05Shareholders Are Loving China Resources Gas Group Limited's (HKG:1193) 2.2% Yield
Dec 15If You Had Bought China Resources Gas Group (HKG:1193) Stock Five Years Ago, You Could Pocket A 70% Gain Today
Nov 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1193's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1193's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Resources Gas Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1193) | 4.6% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Gas Utilities) | 5.2% |
| Analyst forecast in 3 Years (1193) | 5.7% |
Notable Dividend: 1193's dividend (4.65%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 1193's dividend (4.65%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), 1193's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.5%), 1193's dividend payments are covered by cash flows.