Chongqing Chg Auto B Dividend yield




   HKD/share 
 Price  4.75
 Dividend  0.26
 Earnings  0.73
 Cash-flow  1.76
 Book value  9.50
 Equity  8.02

Chongqing Chg Auto B is part of Automobiles and Parts business, which is part of Consumer Goods industry. Chongqing Chg Auto B is a company from China, and his stocks are publicly traded.

Chongqing Chg Auto B paid a total dividend of 328 million HKD last year, for a market value of 5,999 millions (Market Cap 5,579 millions). Dividend per share of Chongqing Chg Auto B is 0.26 HKD, and his stock market price 4.75 HKD.

According to the chart below, where dividend yield is displayed, Chongqing Chg Auto B has a dividend yield of 5.54%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Consumer Goods 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 Chongqing Chg Auto B dividend yield with other Automobiles and Parts companies or firms from China.

Dividend yield of Chongqing Chg Auto B

Chongqing Chg Auto B Dividend Payout

About the ability of Chongqing Chg Auto B to maintain his current dividend of HKD 0.26 per share, an amount that accounts for 5.54%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Chongqing Chg Auto B payout on ernings is currently 35.62%, which is lower than the market average and companies of Consumer Goods industry, which are 39.27% and 46.25% respectively. Both figures lead us to believe that there is confidence that Chongqing Chg Auto Bcan 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 Chongqing Chg Auto B is HKD 1.76 per share, which is higher than the dividend per share paid by the company of HKD 0.26, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Chongqing Chg Auto B, compared againt world market average, China companies, Consumer Goods industry and Automobiles and Parts sector companies.

Chongqing Chg Auto B payout

Chongqing Chg Auto B Dividend History

Year Yield  HKD  Paypout  Shares* 
Present5.54%0.2635.62%1,263
20200.00%0.000.00%902
20190.43%0.025.88%902
201814.57%0.5127.72%902
20178.47%0.7327.14%902
20166.47%0.7640.21%902
20152.11%0.3220.65%902

*In millions

Chongqing Chg Auto B Stock performance

Finally, last moth Chongqing Chg Auto B showed a return of -9.50% compared to a worldwide -1.34% average, and a -1.59% of Consumer Goods firms. Over the last year, the company obtained a 51.10% versus a worldwide performance of a 31.65%. More detailed information can be seen in the following graph for China and Automobiles and Parts firms.

Chongqing Chg Auto B stock and market return