China State Construction stock dividend – China State Construction Development Holdings Ltd Announces 0.024 Cash Dividend

🌥️Dividends Yield

On June 1 2023, China State Construction ($SEHK:00830) Development Holdings Ltd Announces 0.024 Cash Dividend. This dividend was announced as part of the company’s ongoing strategy to reward shareholders for their loyalty. CHINA STATE CONSTRUCTION DEVELOPMENT has issued an annual dividend of 0.06 HKD per share over the past three years, resulting in a dividend yield of 2.8% from 2022 to 2022. CHINA STATE CONSTRUCTION DEVELOPMENT also offers investors a great opportunity for growth as it continues to expand its operations and increase its profitability. The company is expanding its reach and is now active in several markets, making it a great option for investors looking for a diversified portfolio of stocks. If you are in the market for dividend stocks, CHINA STATE CONSTRUCTION DEVELOPMENT may be worth considering as the ex-dividend date is June 13 2023. This is an attractive dividend opportunity for investors looking for consistent income, as the company has consistently paid out dividends over the past three years.

Additionally, investors should take note of the attractive dividend yield of 2.8%.

Price History

On Thursday, the company’s stock opened at HK$2.4 and closed at the same amount, with no change in value. The company has received numerous awards for its excellence in project execution and construction management. The dividend payout is an indication of the company’s commitment to its shareholders, as it continues to strengthen its presence in the industry. With an established reputation for reliability and quality workmanship, China State Construction Development Holdings Ltd is set to deliver more value to its customers and stakeholders in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for China State Construction. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for China State Construction. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for China State Construction. More…

Key Ratios Snapshot

Some of the financial key ratios for China State Construction are shown below. More…

Analysis

At GoodWhale, we have conducted a thorough analysis of CHINA STATE CONSTRUCTION DEVELOPMENT’s wellbeing. Our Risk Rating system has classified the company as a medium risk investment in terms of financial and business aspects. We have detected two risk warnings in the company’s income sheet and balance sheet. If you would like to examine the warnings in detail, please feel free to register on GoodWhale.com. Our team will be more than happy to answer any questions you have. More…

Peers

It is one of the largest construction companies in the world and competes with Space Group Holdings Ltd, DL E&C Co Ltd, and Yue Kan Holdings Ltd. All four of these companies are major players in the construction industry, offering a wide range of services and products.

– Space Group Holdings Ltd ($SEHK:02448)

Space Group Holdings Ltd is a global leader in the commercial aerospace industry, providing innovative products and services to airlines and other aviation customers. The company has achieved a market capitalization of 2.81 Billion as of 2023, reflecting its position as an industry leader. Further, the company has managed to maintain an impressive Return on Equity of 6.96%, indicating that their investments have generated attractive returns for their shareholders. The company provides a range of aircraft parts and components, including engines, landing gear, and avionics, as well as maintenance and repair services.

– DL E&C Co Ltd ($KOSE:375500)

Hyundai Engineering & Construction Co Ltd (HDEC) is a major South Korean engineering and construction company, with a market cap of 1.44T as of 2023. HDEC specializes in a variety of construction services, including engineering, construction, power plant, housing, and plant construction. The company also engages in oil and gas projects, civil engineering projects, and other areas of the construction industry. HDEC has achieved a Return on Equity of 12.7%, which shows that the company has been able to generate a healthy return on its investments. This is largely due to its successful execution of projects and its focus on delivering quality services to its customers. HDEC’s market cap and ROE demonstrate that it is a strong and well-managed company, capable of delivering long-term returns to its investors.

– Yue Kan Holdings Ltd ($SEHK:02110)

Yue Kan Holdings Ltd is a Hong Kong-based investment holding company. The company focuses on the sales and distribution of sporting goods and lifestyle products, primarily in Mainland China, Hong Kong, and Taiwan. As of 2023, the company has a market capitalization of 142.34M and a Return on Equity (ROE) of 6.65%. Market capitalization is a measure of a company’s overall value, and it reflects the total value of all outstanding shares. ROE is a measure of how effectively a company’s management is using investor funds to generate profits, and it shows the return on each dollar invested in the company. Yue Kan Holdings Ltd appears to be a sound investment given its market cap and ROE.

Summary

CHINA STATE CONSTRUCTION DEVELOPMENT has a consistent dividend yield of 2.8% over the past three years, making it a reliable option for investors. The company has shown itself to be a dependable source of income with its regular dividend payments, which have helped to mitigate investment risks. Its dividend policy and financial strength suggest a strong potential for future growth and attractive returns.

Additionally, investors can also benefit from its strong presence in the Chinese market, where it is one of the largest construction companies. Those looking to add CHINA STATE CONSTRUCTION DEVELOPMENT to their portfolios should consider its long-term growth potential and steady dividends as attractive investment opportunities.