08-31-2023
HKD/share | |
Price | 4.58 |
Dividend | 0.30 |
Earnings | -4.58 |
Cash-flow | 2.29 |
Book value | 22.90 |
Equity | 25.03 |
China Everbright RC is part of Financial Services business, which is part of Financials industry. China Everbright RC is a company from China, and his stocks are publicly traded.
China Everbright RC stock dividend
China Everbright RC paid a total dividend of 506 million HKD last year, for a market value of 7,717 millions (Market Cap 3,825 millions). China Everbright RC dividend per share is 0.30 HKD, and his stock market price 4.58 HKD.
According to the chart below, where dividend yield is displayed, China Everbright RC has a dividend yield of 6.55%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Financials 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 China Everbright RC stocks dividend with other Financial Services companies or other of the best China dividend stocks list.
China Everbright RC Dividend Payout
About the ability of China Everbright RC to maintain his current dividend of HKD 0.30 per share, an amount that accounts for 6.55%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Everbright RC payout on ernings is currently -6.55%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that China Everbright RCcan 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 China Everbright RC is HKD 2.29 per share, which is higher than the dividend per share paid by the company of HKD 0.30, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of China Everbright RC, compared againt world market average, China companies, Financials industry and Financial Services sector companies.
China Everbright RC Dividend History
Below you will find a table with the historical evolution of China Everbright RC'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 | 6.55% | 0.30 | -6.55% | 1,685 |
2022 | 7.75% | 0.45 | 29.41% | 1,685 |
2021 | 6.76% | 0.63 | 46.67% | 1,685 |
2020 | 3.56% | 0.37 | 27.82% | 1,685 |
2019 | 4.46% | 0.65 | 35.33% | 1,685 |
2018 | 6.20% | 0.86 | 34.68% | 1,685 |
2017 | 4.29% | 0.75 | 30.86% | 1,685 |
2016 | 4.79% | 0.75 | 24.43% | 1,685 |
2015 | 3.25% | 0.58 | 38.41% | 1,685 |
*In millions
Then you can see the evolution of China Everbright RC dividend stock, and compare it with the average of China stocks and that of the Financial Services stocks.
China Everbright RC Stock performance
Finally, last moth China Everbright RC showed a return of -10.20% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -20.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Financial Services firms.