Tak Lee Machinery Holdings Dividends and Buybacks
Dividend criteria checks 2/6
Tak Lee Machinery Holdings is a dividend paying company with a current yield of 10.14%. Next payment date is on 19th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
10.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 15.8% |
| Next dividend pay date | 19 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | HK$0.015 |
| Payout ratio | 212% |
Recent dividend and buyback updates
Recent updates
There's Reason For Concern Over Tak Lee Machinery Holdings Limited's (HKG:2102) Massive 41% Price Jump
Nov 01
Tak Lee Machinery Holdings' (HKG:2102) Anemic Earnings Might Be Worse Than You Think
Apr 12Does 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
Upcoming Dividend Payment
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's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Tak Lee Machinery Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2102) | 10.1% |
| Market Bottom 25% (HK) | 3.1% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Trade Distributors) | 5.4% |
| Analyst forecast (2102) (up to 3 years) | n/a |
Notable Dividend: 2102's dividend (10.14%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.1%).
High Dividend: 2102's dividend (10.14%) is in the top 25% of dividend payers in the Hong Kong market (7.89%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (211.7%), 2102's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 2102's cash payout ratio to determine if its dividend payments are covered by cash flows.