China Resources Gas Group Dividend
Dividend criteria checks 4/6
China Resources Gas Group is a dividend paying company with a current yield of 4.65% that is well covered by earnings.
Key information
4.6%
Dividend yield
50%
Payout ratio
Industry average yield | 3.8% |
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 | 5.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CRGG.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: CRGG.F'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 (CRGG.F) | 4.6% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Gas Utilities) | 3.8% |
Analyst forecast in 3 Years (CRGG.F) | 5.7% |
Notable Dividend: CRGG.F's dividend (4.65%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: CRGG.F's dividend (4.65%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), CRGG.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.5%), CRGG.F's dividend payments are covered by cash flows.