Rimbaco Group Global Dividend
Dividend criteria checks 2/6
Rimbaco Group Global is a dividend paying company with a current yield of 19.25%.
Key information
19.3%
Dividend yield
115%
Payout ratio
| Industry average yield | 6.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.016 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Capital Allocation Trends At Rimbaco Group Global (HKG:1953) Aren't Ideal
Aug 19
Here's What's Concerning About Rimbaco Group Global's (HKG:1953) Returns On Capital
Apr 06Rimbaco Group Global (HKG:1953) Will Want To Turn Around Its Return Trends
Nov 17Be Wary Of Rimbaco Group Global (HKG:1953) And Its Returns On Capital
Jun 19Rimbaco Group Global Limited's (HKG:1953) Business Is Yet to Catch Up With Its Share Price
Apr 27Is Rimbaco Group Global Limited's (HKG:1953) ROE Of 4.0% Concerning?
Mar 02Are Rimbaco Group Global's (HKG:1953) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1953 has been paying a dividend for less than 10 years.
Growing Dividend: 1953's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Rimbaco Group Global Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1953) | 19.3% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Construction) | 6.1% |
| Analyst forecast in 3 Years (1953) | n/a |
Notable Dividend: 1953's dividend (19.25%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1953's dividend (19.25%) is in the top 25% of dividend payers in the Hong Kong market (8.02%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (114.6%), 1953's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1953 is paying a dividend but the company has no free cash flows.