Hong Kong and China Gas Dividends and Buybacks
Dividend criteria checks 3/6
Hong Kong and China Gas is a dividend paying company with a current yield of 5.92%.
Key information
5.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.0% |
| Dividend Growth | 12.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.350 |
| Payout ratio | 119% |
Recent dividend and buyback updates
Recent updates
Stability 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) | 5.9% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Gas Utilities) | 5.5% |
| Analyst forecast (3) (up to 3 years) | 6.0% |
Notable Dividend: 3's dividend (5.92%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 3's dividend (5.92%) 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 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 (260.1%), 3's dividend payments are not well covered by cash flows.