China Res Pwr Hdg RC Dividend yield

China Res Pwr Hdg RC is part of Electricity business, which is part of Utilities industry. China Res Pwr Hdg RC is a company from China, and his stocks are publicly traded.

China Res Pwr Hdg RC stock dividend

China Res Pwr Hdg RC paid a total dividend of 2,838 million HKD last year, for a market value of 73,882 millions (Market Cap 28,876 millions). China Res Pwr Hdg RC dividend per share is 0.59 HKD, and his stock market price 15.36 HKD.

According to the chart below, where dividend yield is displayed, China Res Pwr Hdg RC has a dividend yield of 3.82%, which is similar to the amount offered by both the market average and companies from China. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare China Res Pwr Hdg RC stocks dividend with other Electricity companies or other of the best China dividend stocks list.

China Res Pwr Hdg RC Dividend Payout

About the ability of China Res Pwr Hdg RC to maintain his current dividend of HKD 0.59 per share, an amount that accounts for 3.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Res Pwr Hdg RC payout on ernings is currently 40.41%, which is higher than the market average, but lower than companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that China Res Pwr Hdg RC should not have problems to continue paying his 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 Res Pwr Hdg RC is HKD 4.15 per share, which is higher than the dividend per share paid by the company of HKD 0.59, 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 Res Pwr Hdg RC, compared againt world market average, China companies, Utilities industry and Electricity sector companies.

China Res Pwr Hdg RC Dividend History

Below you will find a table with the historical evolution of China Res Pwr Hdg 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	3.82%	0.59	40.41%	4,810
2022	1.60%	0.26	78.79%	4,810
2021	2.51%	0.66	42.04%	4,810
2020	6.86%	0.57	41.61%	4,810
2019	3.68%	0.40	44.44%	4,810
2018	5.81%	0.87	82.86%	4,810
2017	6.01%	0.88	52.69%	4,810
2016	6.86%	0.88	40.74%	4,807
2015	5.48%	0.80	40.00%	4,755

*In millions

Then you can see the evolution of China Res Pwr Hdg RC dividend stock, and compare it with the average of China stocks and that of the Electricity stocks.

China Res Pwr Hdg RC Stock performance

Finally, last moth China Res Pwr Hdg RC showed a return of -8.90% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -1.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Electricity firms.