Sinopec Engineering Dividend yield




   HKD/share 
 Price  3.96
 Dividend  0.33
 Earnings  0.22
 Cash-flow  0.32
 Book value  2.48
 Equity  2.50

Sinopec Engineering is part of Construction and Materials business, which is part of Industrials industry. Sinopec Engineering is a company from China, and his stocks are publicly traded.

Sinopec Engineering paid a total dividend of 1,461 million HKD last year, for a market value of 17,535 millions (Market Cap 5,785 millions). Dividend per share of Sinopec Engineering is 0.33 HKD, and his stock market price 3.96 HKD.

According to the chart below, where dividend yield is displayed, Sinopec Engineering has a dividend yield of 8.45%, 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 Sinopec Engineering dividend yield with other Construction and Materials companies or firms from China.

Dividend yield of Sinopec Engineering

Sinopec Engineering Dividend Payout

About the ability of Sinopec Engineering to maintain his current dividend of HKD 0.33 per share, an amount that accounts for 8.45%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sinopec Engineering payout on ernings is currently 150.00%, which is higher than the market average, and companies of Industrials industry, which are 39.27% and 37.39% respectively. Both figures show that Sinopec Engineering 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 Sinopec Engineering is HKD 0.32 per share, which is lower than the dividend per share paid by the company of HKD 0.33, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Sinopec Engineering, compared againt world market average, China companies, Industrials industry and Construction and Materials sector companies.

Sinopec Engineering payout

Sinopec Engineering Dividend History

Year Yield  HKD  Paypout  Shares* 
Present8.45%0.33150.00%4,428
202010.72%0.36180.00%4,428
20195.63%0.26173.33%4,428
20184.33%0.28280.00%4,428
20172.17%0.1634.04%4,428
20164.29%0.2933.33%4,428
20156.08%0.3636.73%4,428

*In millions

Sinopec Engineering Stock performance

Finally, last moth Sinopec Engineering showed a return of -4.10% compared to a worldwide -1.33% average, and a -2.02% of Industrials firms. Over the last year, the company obtained a 38.50% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for China and Construction and Materials firms.

Sinopec Engineering stock and market return