China Water Affairs Group Dividends and Buybacks
Dividend criteria checks 3/6
China Water Affairs Group is a dividend paying company with a current yield of 6.5% that is well covered by earnings.
Key information
6.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 7.0% |
| Dividend Growth | 13.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.280 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 855's dividend payments have been volatile in the past 10 years.
Growing Dividend: 855's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Water Affairs Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (855) | 6.5% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Water Utilities) | 7.3% |
| Analyst forecast (855) (up to 3 years) | 7.0% |
Notable Dividend: 855's dividend (6.5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.26%).
High Dividend: 855's dividend (6.5%) 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 reasonably low payout ratio (29.8%), 855's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 855 is paying a dividend but the company has no free cash flows.