China Resources Gas Dividend yield

 Price  22.05
 Dividend  1.05
 Earnings  2.10
 Cash-flow  1.85
 Book value  16.96
 Equity  17.50

China Resources Gas is part of Gas Water and Multiutilities business, which is part of Utilities industry. China Resources Gas is a company from China, and his stocks are publicly traded.

China Resources Gas stock dividend

China Resources Gas paid a total dividend of 2,430 million HKD last year, for a market value of 51,024 millions (Market Cap 19,639 millions). China Resources Gas dividend per share is 1.05 HKD, and his stock market price 22.05 HKD.

According to the chart below, where dividend yield is displayed, China Resources Gas has a dividend yield of 4.76%, 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 China Resources Gas stocks dividend with other Gas Water and Multiutilities companies or other of the best China dividend stocks list.

Dividend yield of China Resources Gas

China Resources Gas Dividend Payout

About the ability of China Resources Gas to maintain his current dividend of HKD 1.05 per share, an amount that accounts for 4.76%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China Resources Gas payout on ernings is currently 50.00%, 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 Resources Gas 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 Resources Gas is HKD 1.85 per share, which is higher than the dividend per share paid by the company of HKD 1.05, 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 Resources Gas, compared againt world market average, China companies, Utilities industry and Gas Water and Multiutilities sector companies.

China Resources Gas payout

China Resources Gas Dividend History

Below you will find a table with the historical evolution of China Resources Gas'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* 

*In millions

Then you can see the evolution of China Resources Gas dividend stock, and compare it with the average of China stocks and that of the Gas Water and Multiutilities stocks.

China Resources Gas stock dividend history

China Resources Gas Stock performance

Finally, last moth China Resources Gas showed a return of -18.00% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -28.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Gas Water and Multiutilities firms.

China Resources Gas stock and market return