China Resources Gas Group Dividend
Dividend criteria checks 4/6
China Resources Gas Group is a dividend paying company with a current yield of 3.52% that is well covered by earnings.
Key information
3.5%
Dividend yield
56%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | HK$1.157 |
Earnings per share | HK$2.22 |
Dividend yield forecast | 4.7% |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (1193) | 3.5% |
Market Bottom 25% (HK) | 3.3% |
Market Top 25% (HK) | 8.1% |
Industry Average (Gas Utilities) | 5.0% |
Analyst forecast (1193) (up to 3 years) | 4.7% |
Notable Dividend: 1193's dividend (3.52%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.31%).
High Dividend: 1193's dividend (3.52%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.5%), 1193's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.6%), 1193's dividend payments are covered by cash flows.