01-31-2023
HKD/share | |
Price | 3.48 |
Dividend | 0.30 |
Earnings | 1.29 |
Cash-flow | -0.76 |
Book value | 8.70 |
Equity | 7.96 |
China Everbright Int is part of Support Services business, which is part of Industrials industry. China Everbright Int is a company from China, and his stocks are publicly traded.
China Everbright Int stock dividend
China Everbright Int paid a total dividend of 1,843 million HKD last year, for a market value of 21,378 millions (Market Cap 12,538 millions). China Everbright Int dividend per share is 0.30 HKD, and his stock market price 3.48 HKD.
According to the chart below, where dividend yield is displayed, China Everbright Int has a dividend yield of 8.62%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Industrials 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 China Everbright Int stocks dividend with other Support Services companies or other of the best China dividend stocks list.
China Everbright Int Dividend Payout
About the ability of China Everbright Int to maintain his current dividend of HKD 0.30 per share, an amount that accounts for 8.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Everbright Int payout on ernings is currently 23.26%, which is lower than the market average and companies of Industrials industry, which are 41.20% and 36.52% respectively. Both figures lead us to believe that there is confidence that China Everbright Intcan 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 China Everbright Int is HKD -0.76 per share, which is lower than the dividend per share paid by the company of HKD 0.30, so the company does not generate enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of China Everbright Int, compared againt world market average, China companies, Industrials industry and Support Services sector companies.
China Everbright Int Dividend History
Below you will find a table with the historical evolution of China Everbright Int's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | HKD | Paypout | Shares* |
Present | 8.62% | 0.30 | 23.26% | 6,143 |
2022 | 8.60% | 0.30 | 23.26% | 6,143 |
2021 | 5.59% | 0.35 | 31.82% | 6,143 |
2020 | 6.16% | 0.27 | 29.03% | 6,143 |
2019 | 4.00% | 0.25 | 32.89% | 6,143 |
2018 | 2.96% | 0.21 | 33.87% | 6,143 |
2017 | 2.24% | 0.25 | 38.46% | 4,483 |
2016 | 2.07% | 0.19 | 39.58% | 4,484 |
2015 | 1.06% | 0.12 | 30.77% | 4,484 |
*In millions
Then you can see the evolution of China Everbright Int dividend stock, and compare it with the average of China stocks and that of the Support Services stocks.
China Everbright Int Stock performance
Finally, last moth China Everbright Int showed a return of -0.30% compared to a worldwide 5.46% average, and a 6.40% of Industrials firms. Over the last year, the company obtained a -39.60% versus a worldwide performance of a -0.05%. More detailed information can be seen in the following graph for China and Support Services firms.