Hong Kong and China Gas is a dividend paying company with a current yield of 5.72%. Next payment date is on 24th June, 2024 with an ex-dividend date of 6th June, 2024.
Key information
5.7%
Dividend yield
108%
Payout ratio
Industry average yield
4.9%
Next dividend pay date
24 Jun 24
Ex dividend date
06 Jun 24
Dividend per share
n/a
Earnings per share
HK$0.33
Dividend yield forecast in 3Y
5.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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
How does 3 dividend yield compare to the market?
Segment
Dividend Yield
Company (3)
5.7%
Market Bottom 25% (HK)
3.1%
Market Top 25% (HK)
7.5%
Industry Average (Gas Utilities)
4.9%
Analyst forecast in 3 Years (3)
5.8%
Notable Dividend: 3's dividend (5.72%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.14%).
High Dividend: 3's dividend (5.72%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (107.6%), 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.