Beijing Jingneng Cle Dividend yield




   HKD/share 
 Price  1.78
 Dividend  0.08
 Earnings  0.35
 Cash-flow  0.21
 Book value  3.56
 Equity  3.27

Beijing Jingneng Cle is part of Electricity business, which is part of Utilities industry. Beijing Jingneng Cle is a company from China, and his stocks are publicly traded.

Beijing Jingneng Cle paid a total dividend of 660 million HKD last year, for a market value of 14,676 millions (Market Cap 2,881 millions). Dividend per share of Beijing Jingneng Cle is 0.08 HKD, and his stock market price 1.78 HKD.

According to the chart below, where dividend yield is displayed, Beijing Jingneng Cle has a dividend yield of 4.77%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Utilities industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Beijing Jingneng Cle dividend yield with other Electricity companies or firms from China.

Dividend yield of Beijing Jingneng Cle

Beijing Jingneng Cle Dividend Payout

About the ability of Beijing Jingneng Cle to maintain his current dividend of HKD 0.08 per share, an amount that accounts for 4.77%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Beijing Jingneng Cle payout on ernings is currently 22.86%, which is lower than the market average and companies of Utilities industry, which are 38.25% and 54.88% respectively. Both figures lead us to believe that there is confidence that Beijing Jingneng Clecan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Beijing Jingneng Cle is HKD 0.21 per share, which is higher than the dividend per share paid by the company of HKD 0.08, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Beijing Jingneng Cle, compared againt world market average, China companies, Utilities industry and Electricity sector companies.

Beijing Jingneng Cle payout

Beijing Jingneng Cle Dividend History

Year Yield  HKD  Paypout  Shares* 
Present4.77%0.0822.86%8,245
20213.33%0.0822.86%8,245
20203.37%0.0928.13%8,245
20195.49%0.0721.88%8,245
20184.72%0.0932.14%8,245
20174.03%0.0821.62%6,870
20163.34%0.0821.05%6,870
20151.87%0.0519.23%6,870

*In millions

Beijing Jingneng Cle Stock performance

Finally, last moth Beijing Jingneng Cle showed a return of -25.20% compared to a worldwide 1.12% average, and a 2.24% of Utilities firms. Over the last year, the company obtained a 1.10% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for China and Electricity firms.

Beijing Jingneng Cle stock and market return