China Water Affairs Group Dividend
Dividend criteria checks 3/6
China Water Affairs Group is a dividend paying company with a current yield of 6.05% that is well covered by earnings.
Key information
6.1%
Dividend yield
30%
Payout ratio
Industry average yield | 7.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$1.05 |
Dividend yield forecast in 3Y | 8.0% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (855) | 6.1% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 7.8% |
Industry Average (Water Utilities) | 7.1% |
Analyst forecast in 3 Years (855) | 8.0% |
Notable Dividend: 855's dividend (6.05%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 855's dividend (6.05%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.83%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), 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.