CGN Power (H) Dividend yield




   HKD/share 
 Price  2.05
 Dividend  0.10
 Earnings  1.03
 Cash-flow  3.42
 Book value  10.25
 Equity  9.81

CGN Power (H) is part of Electricity business, which is part of Utilities industry. CGN Power (H) is a company from China, and his stocks are publicly traded.

CGN Power (H) paid a total dividend of 1,116 million HKD last year, for a market value of 22,886 millions (Market Cap 22,885 millions). Dividend per share of CGN Power (H) is 0.10 HKD, and his stock market price 2.05 HKD.

According to the chart below, where dividend yield is displayed, CGN Power (H) has a dividend yield of 4.82%, which is higher than the amount offered by both the market average and companies from China. 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 CGN Power (H) dividend yield with other Electricity companies or firms from China.

Dividend yield of CGN Power (H)

CGN Power (H) Dividend Payout

About the ability of CGN Power (H) to maintain his current dividend of HKD 0.10 per share, an amount that accounts for 4.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). CGN Power (H) payout on ernings is currently 9.71%, which is lower than the market average and companies of Utilities industry, which are 38.25% and 54.88% respectively. Both figures lead us to believe that there is confidence that CGN Power (H)can 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 CGN Power (H) is HKD 3.42 per share, which is higher than the dividend per share paid by the company of HKD 0.10, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of CGN Power (H), compared againt world market average, China companies, Utilities industry and Electricity sector companies.

CGN Power (H) payout

CGN Power (H) Dividend History

Year Yield  HKD  Paypout  Shares* 
Present4.82%0.109.71%11,164
20214.13%0.1010.99%11,164
20205.40%0.099.68%11,164
20193.87%0.088.42%11,164
20184.48%0.0832.00%45,449
20172.73%0.0631.58%45,449
20162.14%0.0527.78%45,449
20150.10%0.000.00%45,449

*In millions

CGN Power (H) Stock performance

Finally, last moth CGN Power (H) showed a return of -7.20% compared to a worldwide 1.12% average, and a 2.24% of Utilities firms. Over the last year, the company obtained a 9.00% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for China and Electricity firms.

CGN Power (H) stock and market return