China Merchants Securities Dividend yield

China Merchants Securities is part of Financial Services business, which is part of Financials industry. China Merchants Securities is a company from China, and his stocks are publicly traded.

China Merchants Securities stock dividend

China Merchants Securities paid a total dividend of 255 million HKD last year, for a market value of 9,218 millions (Market Cap 3,290 millions). China Merchants Securities dividend per share is 0.20 HKD, and his stock market price 7.23 HKD.

According to the chart below, where dividend yield is displayed, China Merchants Securities has a dividend yield of 2.78%, lower than the amount offered by both the market average and companies from China. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare China Merchants Securities stocks dividend with other Financial Services companies or other of the best China dividend stocks list.

China Merchants Securities Dividend Payout

About the ability of China Merchants Securities to maintain his current dividend of HKD 0.20 per share, an amount that accounts for 2.78%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Merchants Securities payout on ernings is currently 21.51%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that China Merchants Securitiescan 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 Merchants Securities is HKD 8.03 per share, which is higher than the dividend per share paid by the company of HKD 0.20, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of China Merchants Securities, compared againt world market average, China companies, Financials industry and Financial Services sector companies.

China Merchants Securities Dividend History

Below you will find a table with the historical evolution of China Merchants Securities'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	2.78%	0.20	21.51%	1,275
2022	15.23%	1.17	84.17%	1,275
2021	7.71%	0.92	75.41%	1,275
2020	3.72%	0.43	48.31%	1,275
2019	2.96%	0.29	48.33%	980
2018	4.05%	0.42	47.73%	980
2017	1.77%	0.21	21.65%	980

*In millions

China Merchants Securities Stock performance

Finally, last moth China Merchants Securities showed a return of -8.20% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 0.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Financial Services firms.