Tak Lee Machinery Holdings Dividend
Dividend criteria checks 2/6
Tak Lee Machinery Holdings is a dividend paying company with a current yield of 4.2% that is well covered by earnings.
Key information
4.2%
Dividend yield
49%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.01 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Tak Lee Machinery Holdings' (HKG:2102) Anemic Earnings Might Be Worse Than You Think
Apr 12
Does Tak Lee Machinery Holdings (HKG:2102) Have A Healthy Balance Sheet?
Apr 08Tak Lee Machinery Holdings Limited's (HKG:2102) CEO Might Not Expect Shareholders To Be So Generous This Year
Nov 22Here's What's Concerning About Tak Lee Machinery Holdings' (HKG:2102) Returns On Capital
Aug 22Tak Lee Machinery Holdings (HKG:2102) May Have Issues Allocating Its Capital
May 17Tak Lee Machinery Holdings (HKG:2102) Will Be Hoping To Turn Its Returns On Capital Around
Dec 15Tak Lee Machinery Holdings' (HKG:2102) Solid Earnings Have Been Accounted For Conservatively
Nov 10Does Tak Lee Machinery Holdings (HKG:2102) Have A Healthy Balance Sheet?
Oct 25Returns At Tak Lee Machinery Holdings (HKG:2102) Appear To Be Weighed Down
Aug 25Here's What To Make Of Tak Lee Machinery Holdings' (HKG:2102) Decelerating Rates Of Return
May 04Here's Why Tak Lee Machinery Holdings (HKG:2102) Can Manage Its Debt Responsibly
Mar 30How Does Tak Lee Machinery Holdings' (HKG:2102) CEO Salary Compare to Peers?
Feb 23Our Take On The Returns On Capital At Tak Lee Machinery Holdings (HKG:2102)
Jan 06What Can We Conclude About Tak Lee Machinery Holdings' (HKG:2102) CEO Pay?
Nov 25
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2102 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2102 has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
| Tak Lee Machinery Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2102) | 4.2% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Trade Distributors) | 5.0% |
| Analyst forecast in 3 Years (2102) | n/a |
Notable Dividend: 2102's dividend (4.2%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2102's dividend (4.2%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.2%), 2102's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2102 is paying a dividend but the company has no free cash flows.