Shenzhen Expressway Dividend yield

Shenzhen Expressway is part of Industrial Transportation business, which is part of Industrials industry. Shenzhen Expressway is a company from China, and his stocks are publicly traded.

Shenzhen Expressway stock dividend

Shenzhen Expressway paid a total dividend of 374 million HKD last year, for a market value of 4,742 millions (Market Cap 4,463 millions). Shenzhen Expressway dividend per share is 0.50 HKD, and his stock market price 6.34 HKD.

According to the chart below, where dividend yield is displayed, Shenzhen Expressway has a dividend yield of 7.84%, 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 Shenzhen Expressway stocks dividend with other Industrial Transportation companies or other of the high China dividend stocks list.

Shenzhen Expressway Dividend Payout

About the ability of Shenzhen Expressway to maintain his current dividend of HKD 0.50 per share, an amount that accounts for 7.84%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shenzhen Expressway payout on ernings is currently 29.24%, 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 Shenzhen Expresswaycan 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 Shenzhen Expressway is HKD 1.67 per share, which is higher than the dividend per share paid by the company of HKD 0.50, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Shenzhen Expressway, compared againt world market average, China companies, Industrials industry and Industrial Transportation sector companies.

Shenzhen Expressway Dividend History

Below you will find a table with the historical evolution of Shenzhen Expressway'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	7.84%	0.50	29.24%	748
2022	10.79%	0.73	33.64%	748
2021	6.97%	0.53	27.32%	748
2020	7.79%	0.57	27.27%	748
2019	3.60%	0.40	15.75%	748
2018	3.96%	0.34	24.11%	748
2017	3.14%	0.25	20.16%	748
2016	5.14%	0.38	31.67%	748
2015	3.68%	0.24	14.20%	748

*In millions

Then you can see the evolution of Shenzhen Expressway dividend stock, and compare it with the average of China stocks and that of the Industrial Transportation stocks.

Shenzhen Expressway Stock performance

Finally, last moth Shenzhen Expressway showed a return of -5.80% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -7.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Industrial Transportation firms.