Chongqing Rural Comm Dividend yield

 Price  2.77
 Dividend  0.29
 Earnings  3.96
 Cash-flow  6.93
 Book value  27.70
 Equity  40.82

Chongqing Rural Comm is part of Banks business, which is part of Financials industry. Chongqing Rural Comm is a company from China, and his stocks are publicly traded.

Chongqing Rural Comm stock dividend

Chongqing Rural Comm paid a total dividend of 729 million HKD last year, for a market value of 6,961 millions (Market Cap 6,474 millions). Chongqing Rural Comm dividend per share is 0.29 HKD, and his stock market price 2.77 HKD.

According to the chart below, where dividend yield is displayed, Chongqing Rural Comm has a dividend yield of 10.54%, 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 Chongqing Rural Comm stocks dividend with other Banks companies or other of the best China dividend stocks list.

Dividend yield of Chongqing Rural Comm

Chongqing Rural Comm Dividend Payout

About the ability of Chongqing Rural Comm to maintain his current dividend of HKD 0.29 per share, an amount that accounts for 10.54%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Chongqing Rural Comm payout on ernings is currently 7.32%, 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 Chongqing Rural Commcan 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 Chongqing Rural Comm is HKD 6.93 per share, which is higher than the dividend per share paid by the company of HKD 0.29, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Chongqing Rural Comm, compared againt world market average, China companies, Financials industry and Banks sector companies.

Chongqing Rural Comm payout

Chongqing Rural Comm Dividend History

Below you will find a table with the historical evolution of Chongqing Rural Comm'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 Chongqing Rural Comm dividend stock, and compare it with the average of China stocks and that of the Banks stocks.

Chongqing Rural Comm stock dividend history

Chongqing Rural Comm Stock performance

Finally, last moth Chongqing Rural Comm showed a return of -3.80% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 1.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Banks firms.

Chongqing Rural Comm stock and market return