Launch Tech Dividends and Buybacks
Dividend criteria checks 2/6
Launch Tech is a dividend paying company with a current yield of 4.55% that is well covered by earnings.
Key information
4.6%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 34.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.437 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
Launch Tech Company Limited (HKG:2488) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Dec 29
Launch Tech Company Limited's (HKG:2488) Share Price Not Quite Adding Up
Nov 13We Think Launch Tech (HKG:2488) Can Stay On Top Of Its Debt
Oct 14Shareholders Would Enjoy A Repeat Of Launch Tech's (HKG:2488) Recent Growth In Returns
Sep 24Launch Tech's (HKG:2488) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 15Returns On Capital Are Showing Encouraging Signs At Launch Tech (HKG:2488)
Jun 21Earnings Not Telling The Story For Launch Tech Company Limited (HKG:2488) After Shares Rise 37%
Jun 21Launch Tech's (HKG:2488) Conservative Accounting Might Explain Soft Earnings
Apr 04Launch Tech Company Limited's (HKG:2488) Shares Bounce 68% But Its Business Still Trails The Market
Apr 02Launch Tech (HKG:2488) Has More To Do To Multiply In Value Going Forward
Mar 01Launch Tech's (HKG:2488) Returns Have Hit A Wall
Nov 22Some Investors May Be Worried About Launch Tech's (HKG:2488) Returns On Capital
Jul 11Here's Why Launch Tech (HKG:2488) Can Manage Its Debt Responsibly
Jun 05Launch Tech (HKG:2488) Strong Profits May Be Masking Some Underlying Issues
Apr 06Launch Tech (HKG:2488) Will Be Hoping To Turn Its Returns On Capital Around
Mar 30Returns On Capital Signal Tricky Times Ahead For Launch Tech (HKG:2488)
Dec 06There Are Reasons To Feel Uneasy About Launch Tech's (HKG:2488) Returns On Capital
Sep 01What Kind Of Shareholders Hold The Majority In Launch Tech Company Limited's (HKG:2488) Shares?
Mar 17How Much is Launch Tech's (HKG:2488) CEO Getting Paid?
Dec 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2488 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2488's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Launch Tech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2488) | 4.6% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Auto Components) | 4.3% |
| Analyst forecast (2488) (up to 3 years) | n/a |
Notable Dividend: 2488's dividend (4.55%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.28%).
High Dividend: 2488's dividend (4.55%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.3%), 2488's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 2488's cash payout ratio to determine if its dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 16:21 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Launch Tech Company Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xiaoya Sun | Tianfeng Securities Brokerage Co., Ltd |