China Gas Holdings Dividends and Buybacks
Dividend criteria checks 5/6
China Gas Holdings is a dividend paying company with a current yield of 7.86% that is well covered by earnings.
Key information
7.9%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 8.0% |
| Future Dividend Yield | 8.4% |
| Dividend Growth | 21.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.500 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 384's dividends per share have been stable in the past 10 years.
Growing Dividend: 384's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Gas Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (384) | 7.9% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Gas Utilities) | 5.5% |
| Analyst forecast (384) (up to 3 years) | 8.4% |
Notable Dividend: 384's dividend (7.86%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 384's dividend (7.86%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.5%), 384's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.9%), 384's dividend payments are covered by cash flows.