Walton Hi-Tech Industries Dividend
Dividend criteria checks 4/6
Walton Hi-Tech Industries is a dividend paying company with a current yield of 4.44% that is well covered by earnings. Next payment date is on 28th November, 2024 with an ex-dividend date of 1st October, 2024.
Key information
4.4%
Dividend yield
70%
Payout ratio
| Industry average yield | 4.2% |
| Next dividend pay date | 28 Nov 24 |
| Ex dividend date | 01 Oct 24 |
| Dividend per share | ৳30.000 |
| Earnings per share | ৳42.75 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, WALTONHIL has been paying a dividend for less than 10 years.
Growing Dividend: WALTONHIL's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Walton Hi-Tech Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WALTONHIL) | 4.4% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.0% |
| Industry Average (Consumer Durables) | 4.2% |
| Analyst forecast (WALTONHIL) (up to 3 years) | n/a |
Notable Dividend: WALTONHIL's dividend (4.44%) is higher than the bottom 25% of dividend payers in the BD market (1.11%).
High Dividend: WALTONHIL's dividend (4.44%) is in the top 25% of dividend payers in the BD market (3.99%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.2%), WALTONHIL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.1%), WALTONHIL's dividend payments are covered by cash flows.