China Resources Land Dividend yield




   HKD/share 
 Price  32.85
 Dividend  1.52
 Earnings  4.69
 Cash-flow  2.76
 Book value  32.85
 Equity  29.31

China Resources Land is part of Real Estate Investment and Services business, which is part of Financials industry. China Resources Land is a company from China, and his stocks are publicly traded.

China Resources Land paid a total dividend of 10,839 million HKD last year, for a market value of 234,253 millions (Market Cap 90,421 millions). Dividend per share of China Resources Land is 1.52 HKD, and his stock market price 32.85 HKD.

According to the chart below, where dividend yield is displayed, China Resources Land has a dividend yield of 4.63%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Financials 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 Land dividend yield with other Real Estate Investment and Services companies or firms from China.

Dividend yield of China Resources Land

China Resources Land Dividend Payout

About the ability of China Resources Land to maintain his current dividend of HKD 1.52 per share, an amount that accounts for 4.63%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Resources Land payout on ernings is currently 32.41%, which is lower than the market average and companies of Financials industry, which are 39.27% and 39.00% respectively. Both figures lead us to believe that there is confidence that China Resources Landcan 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 Resources Land is HKD 2.76 per share, which is higher than the dividend per share paid by the company of HKD 1.52, 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 Land, compared againt world market average, China companies, Financials industry and Real Estate Investment and Services sector companies.

China Resources Land payout

China Resources Land Dividend History

Year Yield  HKD  Paypout  Shares* 
Present4.63%1.5232.41%7,131
20203.73%1.1926.04%7,131
20193.24%1.2631.19%7,131
20183.31%1.0030.21%6,931
20173.10%0.7125.36%6,931
20163.07%0.5822.75%6,931
20152.38%0.5023.47%6,931

*In millions

China Resources Land Stock performance

Finally, last moth China Resources Land showed a return of 13.50% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a -5.90% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for China and Real Estate Investment and Services firms.

China Resources Land stock and market return