Datang International Dividend yield




   HKD/share 
 Price  1.13
 Dividend  0.11
 Earnings  0.13
 Cash-flow  1.41
 Book value  2.83
 Equity  2.89

Datang International is part of Electricity business, which is part of Utilities industry. Datang International is a company from China, and his stocks are publicly traded.

Datang International paid a total dividend of 672 million HKD last year, for a market value of 6,905 millions (Market Cap 3,204 millions). Dividend per share of Datang International is 0.11 HKD, and his stock market price 1.13 HKD.

According to the chart below, where dividend yield is displayed, Datang International has a dividend yield of 9.94%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Utilities 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 Datang International dividend yield with other Electricity companies or firms from China.

Dividend yield of Datang International

Datang International Dividend Payout

About the ability of Datang International to maintain his current dividend of HKD 0.11 per share, an amount that accounts for 9.94%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Datang International payout on ernings is currently 84.62%, which is higher than the market average, and companies of Utilities industry, which are 38.25% and 54.88% respectively. Both figures show that Datang International 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 Datang International is HKD 1.41 per share, which is higher than the dividend per share paid by the company of HKD 0.11, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Datang International, compared againt world market average, China companies, Utilities industry and Electricity sector companies.

Datang International payout

Datang International Dividend History

Year Yield  HKD  Paypout  Shares* 
Present9.94%0.1184.62%6,111
20216.32%0.1191.67%6,111
20207.71%0.08266.67%6,111
20197.51%0.11137.50%6,111
20185.58%0.10125.00%6,111
20178.83%0.20-80.00%3,316
20169.16%0.19118.75%3,316
20156.30%0.16145.45%3,316

*In millions

Datang International Stock performance

Finally, last moth Datang International showed a return of -26.60% compared to a worldwide 1.12% average, and a 2.24% of Utilities firms. Over the last year, the company obtained a -8.90% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for China and Electricity firms.

Datang International stock and market return