HK & China Gas Dividend yield

HK & China Gas is part of Gas Water and Multiutilities business, which is part of Utilities industry. HK & China Gas is a company from Hong-Kong, and his stocks are publicly traded.

HK & China Gas stock dividend

HK & China Gas paid a total dividend of 6,531 million HKD last year, for a market value of 107,668 millions (Market Cap 62,684 millions). HK & China Gas dividend per share is 0.35 HKD, and his stock market price 5.77 HKD.

According to the chart below, where dividend yield is displayed, HK & China Gas has a dividend yield of 6.07%, which is higher than the amount offered by both the market average and companies from Hong-Kong. 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 HK & China Gas stocks dividend with other Gas Water and Multiutilities companies or other of the highest Hong-Kong dividend stocks list.

HK & China Gas Dividend Payout

About the ability of HK & China Gas to maintain his current dividend of HKD 0.35 per share, an amount that accounts for 6.07%, we should study its payout ratio both on earnings and on cash-flows (see chart below). HK & China Gas payout on ernings is currently 125.00%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that HK & China Gas 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 HK & China Gas is HKD 0.52 per share, which is higher than the dividend per share paid by the company of HKD 0.35, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of HK & China Gas, compared againt world market average, Hong-Kong companies, Utilities industry and Gas Water and Multiutilities sector companies.

HK & China Gas Dividend History

Below you will find a table with the historical evolution of HK & China Gas'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	6.07%	0.35	125.00%	18,660
2022	4.72%	0.35	129.63%	18,660
2021	2.79%	0.34	106.25%	18,660
2020	2.93%	0.34	87.18%	17,771
2019	2.16%	0.33	60.00%	16,925
2018	2.03%	0.33	61.11%	15,386
2017	2.15%	0.33	62.26%	13,996
2016	2.28%	0.33	57.89%	12,724
2015	2.16%	0.33	54.10%	11,567

*In millions

Then you can see the evolution of HK & China Gas dividend stock, and compare it with the average of Hong-Kong stocks and that of the Gas Water and Multiutilities stocks.

HK & China Gas Stock performance

Finally, last moth HK & China Gas showed a return of -13.50% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -25.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Hong-Kong and Gas Water and Multiutilities firms.