China Gas Holdings Dividend
Dividend criteria checks 4/6
China Gas Holdings is a dividend paying company with a current yield of 7.49%.
Key information
7.5%
Dividend yield
103%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$0.53 |
Dividend yield forecast in 3Y | 8.2% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (384) | 7.5% |
Market Bottom 25% (HK) | 3.3% |
Market Top 25% (HK) | 8.1% |
Industry Average (Gas Utilities) | 5.3% |
Analyst forecast in 3 Years (384) | 8.2% |
Notable Dividend: 384's dividend (7.49%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.29%).
High Dividend: 384's dividend (7.49%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (102.9%), 384's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.8%), 384's dividend payments are well covered by cash flows.