China Resources Gas Group Dividend
Dividend criteria checks 4/6
China Resources Gas Group is a dividend paying company with a current yield of 4.28% that is well covered by earnings.
Key information
4.3%
Dividend yield
46%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$2.26 |
Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGAS.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: CGAS.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Resources Gas Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CGAS.Y) | 4.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Gas Utilities) | 3.9% |
Analyst forecast in 3 Years (CGAS.Y) | 6.2% |
Notable Dividend: CGAS.Y's dividend (4.28%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: CGAS.Y's dividend (4.28%) is low compared to the top 25% of dividend payers in the US market (4.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.5%), CGAS.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77%), CGAS.Y's dividend payments are covered by cash flows.