Tianjin Capital Envi Dividend yield




   HKD/share 
 Price  3.35
 Dividend  0.13
 Earnings  0.80
 Cash-flow  0.53
 Book value  4.79
 Equity  4.94

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

Tianjin Capital Envi paid a total dividend of 44 million HKD last year, for a market value of 1,139 millions (Market Cap 1,139 millions). Dividend per share of Tianjin Capital Envi is 0.13 HKD, and his stock market price 3.35 HKD.

According to the chart below, where dividend yield is displayed, Tianjin Capital Envi has a dividend yield of 3.79%, 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 Tianjin Capital Envi dividend yield with other Gas Water and Multiutilities companies or firms from China.

Dividend yield of Tianjin Capital Envi

Tianjin Capital Envi Dividend Payout

About the ability of Tianjin Capital Envi to maintain his current dividend of HKD 0.13 per share, an amount that accounts for 3.79%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tianjin Capital Envi payout on ernings is currently 16.25%, which is lower than the market average and companies of Utilities industry, which are 38.16% and 58.26% respectively. Both figures lead us to believe that there is confidence that Tianjin Capital Envican 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 Tianjin Capital Envi is HKD 0.53 per share, which is higher than the dividend per share paid by the company of HKD 0.13, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tianjin Capital Envi, compared againt world market average, China companies, Utilities industry and Gas Water and Multiutilities sector companies.

Tianjin Capital Envi payout

Tianjin Capital Envi Dividend History

Year Yield  HKD  Paypout  Shares* 
Present3.79%0.1316.25%340
20203.29%0.1316.25%340
20194.13%0.1217.91%340
20183.62%0.1117.19%340
20172.56%0.1118.03%340
20161.79%0.0840.00%340
20151.31%0.0840.00%340

*In millions

Tianjin Capital Envi Stock performance

Finally, last moth Tianjin Capital Envi showed a return of 1.80% compared to a worldwide 4.25% average, and a 7.19% of Utilities firms. Over the last year, the company obtained a 40.20% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for China and Gas Water and Multiutilities firms.

Tianjin Capital Envi stock and market return