China Resources Ceme Dividend yield




   HKD/share 
 Price  7.51
 Dividend  0.58
 Earnings  1.29
 Cash-flow  1.56
 Book value  6.83
 Equity  6.52

China Resources Ceme is part of Construction and Materials business, which is part of Industrials industry. China Resources Ceme is a company from China, and his stocks are publicly traded.

China Resources Ceme paid a total dividend of 4,050 million HKD last year, for a market value of 52,442 millions (Market Cap 16,440 millions). Dividend per share of China Resources Ceme is 0.58 HKD, and his stock market price 7.51 HKD.

According to the chart below, where dividend yield is displayed, China Resources Ceme has a dividend yield of 7.72%, 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 Resources Ceme dividend yield with other Construction and Materials companies or firms from China.

Dividend yield of China Resources Ceme

China Resources Ceme Dividend Payout

About the ability of China Resources Ceme to maintain his current dividend of HKD 0.58 per share, an amount that accounts for 7.72%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Resources Ceme payout on ernings is currently 44.96%, which is higher than the market average, and companies of Industrials industry, which are 39.27% and 37.39% respectively. Both figures show that China Resources Ceme 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 Resources Ceme is HKD 1.56 per share, which is higher than the dividend per share paid by the company of HKD 0.58, 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 Resources Ceme, compared againt world market average, China companies, Industrials industry and Construction and Materials sector companies.

China Resources Ceme payout

China Resources Ceme Dividend History

Year Yield  HKD  Paypout  Shares* 
Present7.72%0.5844.96%6,983
20207.04%0.6148.41%6,983
20195.37%0.5346.09%6,983
20186.10%0.4381.13%6,983
20173.70%0.1986.36%6,533
20161.05%0.0317.65%6,519
20156.32%0.1623.88%6,519

*In millions

China Resources Ceme Stock performance

Finally, last moth China Resources Ceme showed a return of -1.60% compared to a worldwide -1.33% average, and a -2.02% of Industrials firms. Over the last year, the company obtained a -29.00% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for China and Construction and Materials firms.

China Resources Ceme stock and market return