Launch Tech Dividend
Dividend criteria checks 2/6
Launch Tech is a dividend paying company with a current yield of 17.5%. Next payment date is on 12th June, 2024 with an ex-dividend date of 17th May, 2024.
Key information
17.5%
Dividend yield
148%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | 12 Jun 24 |
| Ex dividend date | 17 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.41 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Launch Tech's (HKG:2488) Conservative Accounting Might Explain Soft Earnings
Apr 04
Launch 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 02Upcoming Dividend Payment
Stability 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) | 17.5% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Auto Components) | 3.9% |
| Analyst forecast in 3 Years (2488) | n/a |
Notable Dividend: 2488's dividend (17.5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 2488's dividend (17.5%) is in the top 25% of dividend payers in the Hong Kong market (7.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (147.5%), 2488's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (259.3%), 2488's dividend payments are not well covered by cash flows.