Hong Kong and China Gas Dividend
Dividend criteria checks 3/6
Hong Kong and China Gas is a dividend paying company with a current yield of 5.49%. Next payment date is on 11th September, 2024 with an ex-dividend date of 29th August, 2024.
Key information
5.5%
Dividend yield
119%
Payout ratio
| Industry average yield | 5.4% |
| Next dividend pay date | 11 Sep 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | HK$0.350 |
| Earnings per share | HK$0.29 |
| Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Hong Kong and China Gas (HKG:3) Will Pay A Dividend Of HK$0.12
Aug 19
Hong Kong and China Gas (HKG:3) Will Pay A Dividend Of HK$0.23
Apr 24Hong Kong and China Gas (HKG:3) Has Affirmed Its Dividend Of HK$0.12
Aug 17Recent updates
Is Hong Kong and China Gas (HKG:3) A Risky Investment?
Aug 19Hong Kong and China Gas (HKG:3) Will Pay A Dividend Of HK$0.12
Aug 19The Hong Kong and China Gas Company Limited's (HKG:3) Business Is Yet to Catch Up With Its Share Price
Jul 11Return Trends At Hong Kong and China Gas (HKG:3) Aren't Appealing
Jun 19Hong Kong and China Gas (HKG:3) Will Pay A Dividend Of HK$0.23
Apr 24Is Hong Kong and China Gas (HKG:3) Using Too Much Debt?
Apr 09Earnings Report: The Hong Kong and China Gas Company Limited Missed Revenue Estimates By 8.2%
Mar 23Returns On Capital At Hong Kong and China Gas (HKG:3) Have Hit The Brakes
Mar 19The Hong Kong and China Gas Company Limited's (HKG:3) Share Price Could Signal Some Risk
Feb 13We Think Hong Kong and China Gas (HKG:3) Is Taking Some Risk With Its Debt
Dec 17The Hong Kong and China Gas Company Limited's (HKG:3) Intrinsic Value Is Potentially 83% Above Its Share Price
Nov 14Investors Met With Slowing Returns on Capital At Hong Kong and China Gas (HKG:3)
Oct 30Hong Kong and China Gas (HKG:3) Takes On Some Risk With Its Use Of Debt
Sep 11Hong Kong and China Gas (HKG:3) Has Affirmed Its Dividend Of HK$0.12
Aug 17A Look At The Fair Value Of The Hong Kong and China Gas Company Limited (HKG:3)
Aug 13Slowing Rates Of Return At Hong Kong and China Gas (HKG:3) Leave Little Room For Excitement
Jul 25Is The Hong Kong and China Gas Company Limited (HKG:3) Worth HK$7.6 Based On Its Intrinsic Value?
May 11Hong Kong and China Gas (HKG:3) Is Due To Pay A Dividend Of HK$0.23
Apr 04Hong Kong and China Gas (HKG:3) Is Due To Pay A Dividend Of HK$0.23
Mar 20Hong Kong and China Gas (HKG:3) Takes On Some Risk With Its Use Of Debt
Mar 19The Returns At Hong Kong and China Gas (HKG:3) Aren't Growing
Feb 12Does Hong Kong and China Gas (HKG:3) Have A Healthy Balance Sheet?
Dec 14Estimating The Intrinsic Value Of The Hong Kong and China Gas Company Limited (HKG:3)
Nov 30Returns At Hong Kong and China Gas (HKG:3) Appear To Be Weighed Down
Nov 01Is Hong Kong and China Gas (HKG:3) A Risky Investment?
Sep 11An Intrinsic Calculation For The Hong Kong and China Gas Company Limited (HKG:3) Suggests It's 26% Undervalued
Aug 15Return Trends At Hong Kong and China Gas (HKG:3) Aren't Appealing
Jul 31A Look At The Intrinsic Value Of The Hong Kong and China Gas Company Limited (HKG:3)
May 11Hong Kong and China Gas (HKG:3) Has Some Way To Go To Become A Multi-Bagger
Apr 28Hong Kong and China Gas (HKG:3) Takes On Some Risk With Its Use Of Debt
Apr 14Slowing Rates Of Return At Hong Kong and China Gas (HKG:3) Leave Little Room For Excitement
Jan 19Is The Hong Kong and China Gas Company Limited (HKG:3) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 29Hong Kong and China Gas (HKG:3) Seems To Use Debt Quite Sensibly
Dec 14Hong Kong and China Gas (HKG:3) Has More To Do To Multiply In Value Going Forward
Oct 03Hong Kong and China Gas (HKG:3) Seems To Use Debt Quite Sensibly
Sep 15Hong Kong and China Gas (HKG:3) Has Re-Affirmed Its Dividend Of HK$0.12
Aug 22Returns On Capital At Hong Kong and China Gas (HKG:3) Have Stalled
May 27These 4 Measures Indicate That Hong Kong and China Gas (HKG:3) Is Using Debt Reasonably Well
Mar 30Factors Income Investors Should Consider Before Adding The Hong Kong and China Gas Company Limited (HKG:3) To Their Portfolio
Mar 17The Hong Kong and China Gas Company Limited (HKG:3) Insiders Increased Their Holdings
Feb 24Weak Financial Prospects Seem To Be Dragging Down The Hong Kong and China Gas Company Limited (HKG:3) Stock
Feb 08Did You Miss Hong Kong and China Gas' (HKG:3) 26% Share Price Gain?
Jan 26
Our Take On The Returns On Capital At Hong Kong and China Gas (HKG:3)
Jan 11Hong Kong and China Gas (HKG:3) Has A Pretty Healthy Balance Sheet
Dec 27A Look At The Intrinsic Value Of The Hong Kong and China Gas Company Limited (HKG:3)
Dec 14What Kind Of Shareholders Own The Hong Kong and China Gas Company Limited (HKG:3)?
Dec 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3's dividends per share have been stable in the past 10 years.
Growing Dividend: 3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hong Kong and China Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3) | 5.5% |
| Market Bottom 25% (HK) | 3.5% |
| Market Top 25% (HK) | 8.4% |
| Industry Average (Gas Utilities) | 5.4% |
| Analyst forecast in 3 Years (3) | 5.5% |
Notable Dividend: 3's dividend (5.49%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.5%).
High Dividend: 3's dividend (5.49%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (118.8%), 3's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (253.9%), 3's dividend payments are not well covered by cash flows.