Hongkong Chinese Dividend
Dividend criteria checks 2/6
Hongkong Chinese is a dividend paying company with a current yield of 3.64% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 11th June, 2024.
Key information
3.6%
Dividend yield
13%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 24 Jun 24 |
| Ex dividend date | 11 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | €0.079 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HKC's dividend payments have been volatile in the past 10 years.
Growing Dividend: HKC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Hongkong Chinese Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HKC) | 3.6% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Real Estate) | 3.3% |
| Analyst forecast in 3 Years (HKC) | n/a |
Notable Dividend: HKC's dividend (3.64%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: HKC's dividend (3.64%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.7%), HKC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate HKC's cash payout ratio to determine if its dividend payments are covered by cash flows.