08-31-2023
| HKD/share | |
| Price | 2.60 |
| Dividend | 0.18 |
| Earnings | 0.41 |
| Cash-flow | 0.23 |
| Book value | 4.33 |
| Equity | 4.61 |
China Railway Signal is part of Industrial Transportation business, which is part of Industrials industry. China Railway Signal is a company from China, and his stocks are publicly traded.
China Railway Signal stock dividend
China Railway Signal paid a total dividend of 354 million HKD last year, for a market value of 5,119 millions (Market Cap 4,075 millions). China Railway Signal dividend per share is 0.18 HKD, and his stock market price 2.60 HKD.
According to the chart below, where dividend yield is displayed, China Railway Signal has a dividend yield of 7.03%, 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 Railway Signal stocks dividend with other Industrial Transportation companies or other of the best China dividend stocks list.
China Railway Signal Dividend Payout
About the ability of China Railway Signal to maintain his current dividend of HKD 0.18 per share, an amount that accounts for 7.03%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Railway Signal payout on ernings is currently 43.90%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that China Railway Signal can have problems to keep with his present dividend yield.
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 Railway Signal is HKD 0.23 per share, which is higher than the dividend per share paid by the company of HKD 0.18, 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 Railway Signal, compared againt world market average, China companies, Industrials industry and Industrial Transportation sector companies.
China Railway Signal Dividend History
Below you will find a table with the historical evolution of China Railway Signal'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 | 7.03% | 0.18 | 43.90% | 1,969 |
| 2022 | 7.48% | 0.19 | 50.00% | 1,969 |
| 2021 | 8.52% | 0.24 | 60.00% | 1,969 |
| 2020 | 9.12% | 0.24 | 58.54% | 1,969 |
| 2019 | 4.24% | 0.18 | 43.90% | 1,969 |
| 2018 | 3.37% | 0.18 | 180.00% | 8,790 |
| 2017 | 1.96% | 0.12 | 28.57% | 8,790 |
| 2016 | 0.48% | 0.03 | 8.11% | 8,750 |
| 2015 | 0.00% | 0.00 | 0.00% | 8,750 |
*In millions
Then you can see the evolution of China Railway Signal dividend stock, and compare it with the average of China stocks and that of the Industrial Transportation stocks.
China Railway Signal Stock performance
Finally, last moth China Railway Signal showed a return of -8.80% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 5.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Industrial Transportation firms.
