Hang Seng Bank Dividend
Dividend criteria checks 4/6
Hang Seng Bank is a dividend paying company with a current yield of 7.16% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 13th August, 2024.
Key information
7.2%
Dividend yield
74%
Payout ratio
| Industry average yield | 7.4% |
| Next dividend pay date | 05 Sep 24 |
| Ex dividend date | 13 Aug 24 |
| Dividend per share | HK$6.500 |
| Earnings per share | HK$9.11 |
| Dividend yield forecast in 3Y | 7.9% |
Recent dividend updates
Recent updates
Hang Seng Bank (HKG:11) Is Paying Out A Larger Dividend Than Last Year
Feb 23
Hang Seng Bank (HKG:11) Has Announced That Its Dividend Will Be Reduced To HK$0.70
May 06Don't Buy Hang Seng Bank Limited (HKG:11) For Its Next Dividend Without Doing These Checks
Mar 03Hang Seng Bank Limited (HKG:11) Insiders Increased Their Holdings
Feb 22Should You Or Shouldn't You: A Dividend Analysis on Hang Seng Bank Limited (HKG:11)
Jan 27Do Institutions Own Hang Seng Bank Limited (HKG:11) Shares?
Dec 31
Hang Seng Bank's (HKG:11) Shareholders Are Down 27% On Their Shares
Dec 05Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 11's dividend payments have been volatile in the past 10 years.
Growing Dividend: 11's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hang Seng Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (11) | 7.2% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Banks) | 7.4% |
| Analyst forecast in 3 Years (11) | 7.9% |
Notable Dividend: 11's dividend (7.16%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.42%).
High Dividend: 11's dividend (7.16%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.15%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.3%), 11's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 11's dividends in 3 years are forecast to be covered by earnings (70.5% payout ratio).