Hong Kong and China Gas is a dividend paying company with a current yield of 5.86%. Next payment date is on 1st July, 2024 with an ex-dividend date of 6th June, 2024.
Key information
5.9%
Dividend yield
108%
Payout ratio
Industry average yield
3.8%
Next dividend pay date
01 Jul 24
Ex dividend date
06 Jun 24
Dividend per share
n/a
Earnings per share
US$0.33
Dividend yield forecast in 3Y
6.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HOKC.Y's dividends per share have been stable in the past 10 years.
Growing Dividend: HOKC.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Hong Kong and China Gas Dividend Yield vs Market
How does HOKC.Y dividend yield compare to the market?
Segment
Dividend Yield
Company (HOKC.Y)
5.9%
Market Bottom 25% (US)
1.5%
Market Top 25% (US)
4.7%
Industry Average (Gas Utilities)
3.8%
Analyst forecast in 3 Years (HOKC.Y)
6.0%
Notable Dividend: HOKC.Y's dividend (5.86%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: HOKC.Y's dividend (5.86%) is in the top 25% of dividend payers in the US market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (107.6%), HOKC.Y's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (253.9%), HOKC.Y's dividend payments are not well covered by cash flows.