China State Con (RC) Dividend yield




   HKD/share 
 Price  6.82
 Dividend  0.39
 Earnings  1.24
 Cash-flow  -1.05
 Book value  9.74
 Equity  9.05

China State Con (RC) is part of Construction and Materials business, which is part of Industrials industry. China State Con (RC) is a company from China, and his stocks are publicly traded.

China State Con (RC) paid a total dividend of 1,966 million HKD last year, for a market value of 34,373 millions (Market Cap 12,066 millions). Dividend per share of China State Con (RC) is 0.39 HKD, and his stock market price 6.82 HKD.

According to the chart below, where dividend yield is displayed, China State Con (RC) has a dividend yield of 5.72%, 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 State Con (RC) dividend yield with other Construction and Materials companies or firms from China.

Dividend yield of China State Con (RC)

China State Con (RC) Dividend Payout

About the ability of China State Con (RC) to maintain his current dividend of HKD 0.39 per share, an amount that accounts for 5.72%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China State Con (RC) payout on ernings is currently 31.45%, which is lower than the market average and companies of Industrials industry, which are 39.27% and 37.39% respectively. Both figures lead us to believe that there is confidence that China State Con (RC)can 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 State Con (RC) is HKD -1.05 per share, which is lower than the dividend per share paid by the company of HKD 0.39, 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 State Con (RC), compared againt world market average, China companies, Industrials industry and Construction and Materials sector companies.

China State Con (RC) payout

China State Con (RC) Dividend History

Year Yield  HKD  Paypout  Shares* 
Present5.72%0.3931.45%5,040
20207.47%0.3329.20%5,049
20193.95%0.2830.11%5,049
20185.63%0.3530.97%5,049
20173.02%0.3331.13%5,049
20162.63%0.3334.02%4,488
20152.39%0.2830.77%4,012

*In millions

China State Con (RC) Stock performance

Finally, last moth China State Con (RC) showed a return of 8.30% compared to a worldwide -1.33% average, and a -2.02% of Industrials firms. Over the last year, the company obtained a 35.00% 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 State Con (RC) stock and market return