Sinopec Engineering Dividend yield

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 stock dividend

Sinopec Engineering paid a total dividend of 1,594 million HKD last year, for a market value of 16,074 millions (Market Cap 5,303 millions). Sinopec Engineering dividend per share is 0.36 HKD, and his stock market price 3.63 HKD.

According to the chart below, where dividend yield is displayed, Sinopec Engineering has a dividend yield of 9.82%, 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 stocks dividend with other Construction and Materials companies or other of the high China dividend stocks list.

Sinopec Engineering Dividend Payout

About the ability of Sinopec Engineering to maintain his current dividend of HKD 0.36 per share, an amount that accounts for 9.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sinopec Engineering payout on ernings is currently 189.47%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% 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 0.61 per share, which is higher than the dividend per share paid by the company of HKD 0.36, so the company generates 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 Dividend History

Below you will find a table with the historical evolution of Sinopec Engineering'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	9.82%	0.36	189.47%	4,428
2022	11.61%	0.40	222.22%	4,428
2021	8.69%	0.33	150.00%	4,428
2020	10.72%	0.36	180.00%	4,428
2019	5.63%	0.26	173.33%	4,428
2018	4.33%	0.28	280.00%	4,428
2017	2.17%	0.16	34.04%	4,428
2016	4.29%	0.29	33.33%	4,428
2015	6.08%	0.36	36.73%	4,428

*In millions

Then you can see the evolution of Sinopec Engineering dividend stock, and compare it with the average of China stocks and that of the Construction and Materials stocks.

Sinopec Engineering Stock performance

Finally, last moth Sinopec Engineering showed a return of 3.40% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 3.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Construction and Materials firms.