China Resources Gas Group Dividends and Buybacks
Dividend criteria checks 4/6
China Resources Gas Group is a dividend paying company with a current yield of 3.93% that is well covered by earnings.
Key information
3.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 14.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$1.157 |
| Payout ratio | 56% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1193) | 3.9% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Gas Utilities) | 5.5% |
| Analyst forecast (1193) (up to 3 years) | 5.2% |
Notable Dividend: 1193's dividend (3.93%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 1193's dividend (3.93%) 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.