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Chengdu Expressway Co (HKSE:01785) Dividend Yield %

: 9.86% (As of Today)
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As of today (2024-04-23), the Trailing Annual Dividend Yield of Chengdu Expressway Co is 9.86%.

Good Sign:

Chengdu Expressway Co Ltd stock dividend yield is close to 2-year high.

The historical rank and industry rank for Chengdu Expressway Co's Dividend Yield % or its related term are showing as below:

HKSE:01785' s Dividend Yield % Range Over the Past 10 Years
Min: 7.88   Med: 9.38   Max: 10.75
Current: 9.86

During the past 9 years, the highest Dividend Yield of Chengdu Expressway Co was 10.75%. The lowest was 7.88%. And the median was 9.38%.

HKSE:01785's Dividend Yield % is ranked better than
95.83% of 960 companies
in the Construction industry
Industry Median: 2.83 vs HKSE:01785: 9.86

Chengdu Expressway Co's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.00.

During the past 9 years, the highest Dividend Payout Ratio of Chengdu Expressway Co was 0.51. The lowest was 0.35. And the median was 0.50.

As of today (2024-04-23), the Forward Dividend Yield % of Chengdu Expressway Co is 8.88%.

Chengdu Expressway Co's Dividends per Share for the three months ended in Sep. 2023 was HK$0.00.

During the past 12 months, Chengdu Expressway Co's average Dividends Per Share Growth Rate was 25.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.10% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Chengdu Expressway Co was 12.10% per year. The lowest was 3.10% per year. And the median was 7.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Chengdu Expressway Co Dividend Yield % Historical Data

The historical data trend for Chengdu Expressway Co's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chengdu Expressway Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only 7.18 6.17 6.88 8.73 10.48

Chengdu Expressway Co Quarterly Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.82 8.73 10.76 10.81 10.48

Competitive Comparison

For the Infrastructure Operations subindustry, Chengdu Expressway Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chengdu Expressway Co Dividend Yield % Distribution

For the Construction industry and Industrials sector, Chengdu Expressway Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Chengdu Expressway Co's Dividend Yield % falls into.



Chengdu Expressway Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Chengdu Expressway Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.2022023-05-162023-05-182023-07-11Cash DividendannuallyHKD:HKD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Chengdu Expressway Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.202/2.04
=9.90 %

Current Share Price is HK$2.04.
Chengdu Expressway Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.202.

Chengdu Expressway Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.202/2.04
=9.90 %

Current Share Price is HK$2.04.
Chengdu Expressway Co's Dividends per Share for the forward twelve months is calculated as HK$0.202 * 1 = HK$0.202.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chengdu Expressway Co  (HKSE:01785) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Chengdu Expressway Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Chengdu Expressway Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Chengdu Expressway Co (HKSE:01785) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Shenghe 1st Road, 9th Floor, Chengnan Tianfu Building, High-Tech Zone, Sichuan, Chengdu, CHN
Chengdu Expressway Co Ltd is principally engaged in the operation, management and development of expressways located in and around Chengdu, Sichuan Province. Meanwhile, the Group also carries out retail of refined oil and operation of CNG. It operates in two reportable segments the Expressway segment segment comprises the construction, operation and maintenance of toll expressways located in Sichuan province; and the Energy Investment segment comprises the operation of petrol stations and a gas station and sales of refined oil and compressed natural gas. It derives majority of the revenue from Expressway segment.

Chengdu Expressway Co (HKSE:01785) Headlines

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