08-31-2023
HKD/share | |
Price | 9.05 |
Dividend | 0.37 |
Earnings | 1.04 |
Cash-flow | 2.92 |
Book value | 12.93 |
Equity | 11.82 |
Dongfang Electric (H is part of Industrial Engineering business, which is part of Industrials industry. Dongfang Electric (H is a company from China, and his stocks are publicly traded.
Dongfang Electric (H stock dividend
Dongfang Electric (H paid a total dividend of 126 million HKD last year, for a market value of 3,077 millions (Market Cap 3,077 millions). Dongfang Electric (H dividend per share is 0.37 HKD, and his stock market price 9.05 HKD.
According to the chart below, where dividend yield is displayed, Dongfang Electric (H has a dividend yield of 4.05%, 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 Dongfang Electric (H stocks dividend with other Industrial Engineering companies or other of the high China dividend stocks list.
Dongfang Electric (H Dividend Payout
About the ability of Dongfang Electric (H to maintain his current dividend of HKD 0.37 per share, an amount that accounts for 4.05%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Dongfang Electric (H payout on ernings is currently 35.58%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Dongfang Electric (Hcan 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 Dongfang Electric (H is HKD 2.92 per share, which is higher than the dividend per share paid by the company of HKD 0.37, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Dongfang Electric (H, compared againt world market average, China companies, Industrials industry and Industrial Engineering sector companies.
Dongfang Electric (H Dividend History
Below you will find a table with the historical evolution of Dongfang Electric (H's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | HKD | Paypout | Shares* |
Present | 4.05% | 0.37 | 35.58% | 340 |
2022 | 2.03% | 0.27 | 31.03% | 340 |
2021 | 1.65% | 0.22 | 28.21% | 340 |
2020 | 3.96% | 0.22 | 41.51% | 340 |
2019 | 2.66% | 0.13 | 29.55% | 340 |
2018 | 0.00% | 0.00 | 0.00% | 340 |
2017 | 1.11% | 0.07 | -7.95% | 340 |
2016 | 1.11% | 0.07 | 29.17% | 340 |
2015 | 1.34% | 0.11 | 16.18% | 340 |
*In millions
Then you can see the evolution of Dongfang Electric (H dividend stock, and compare it with the average of China stocks and that of the Industrial Engineering stocks.
Dongfang Electric (H Stock performance
Finally, last moth Dongfang Electric (H showed a return of -13.00% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -13.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Industrial Engineering firms.