China Everbright Water Dividend
Dividend criteria checks 3/6
China Everbright Water is a dividend paying company with a current yield of 9.4% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
9.4%
Dividend yield
30%
Payout ratio
| Industry average yield | 7.8% |
| Next dividend pay date | 24 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.42 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1857 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1857's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| China Everbright Water Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1857) | 9.4% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Water Utilities) | 7.8% |
| Analyst forecast in 3 Years (1857) | n/a |
Notable Dividend: 1857's dividend (9.4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.38%).
High Dividend: 1857's dividend (9.4%) is in the top 25% of dividend payers in the Hong Kong market (8.1%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30%), 1857's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1857 is paying a dividend but the company has no free cash flows.