Towngas Smart Energy Dividends and Buybacks
Dividend criteria checks 4/6
Towngas Smart Energy is a dividend paying company with a current yield of 5.23% that is well covered by earnings.
Key information
5.2%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | 6.7% |
| Dividend Growth | 12.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.160 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1083's dividends per share have been stable in the past 10 years.
Growing Dividend: 1083's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Towngas Smart Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1083) | 5.2% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Gas Utilities) | 5.5% |
| Analyst forecast (1083) (up to 3 years) | 6.7% |
Notable Dividend: 1083's dividend (5.23%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1083's dividend (5.23%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.6%), 1083's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1083 is paying a dividend but the company has no free cash flows.