Watts International Maritime Dividend
Dividend criteria checks 2/6
Watts International Maritime is a dividend paying company with a current yield of 5.55% that is well covered by earnings. Next payment date is on 16th August, 2024 with an ex-dividend date of 28th June, 2024.
Key information
5.6%
Dividend yield
25%
Payout ratio
| Industry average yield | 6.1% |
| Next dividend pay date | 16 Aug 24 |
| Ex dividend date | 28 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.037 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Watts International Maritime (HKG:2258) Is Increasing Its Dividend To HK$0.016
Jun 17
Watts International Maritime (HKG:2258) Is Paying Out A Larger Dividend Than Last Year
May 04Recent updates
Watts International Maritime (HKG:2258) Has Some Difficulty Using Its Capital Effectively
Apr 10Watts International Maritime Company Limited's (HKG:2258) Earnings Are Not Doing Enough For Some Investors
Jan 24Watts International Maritime's (HKG:2258) Returns On Capital Not Reflecting Well On The Business
Jun 13Watts International Maritime (HKG:2258) Use Of Debt Could Be Considered Risky
May 08Watts International Maritime (HKG:2258) Is Reinvesting At Lower Rates Of Return
Mar 08Watts International Maritime (HKG:2258) Might Be Having Difficulty Using Its Capital Effectively
Oct 24Here's What's Concerning About Watts International Maritime's (HKG:2258) Returns On Capital
Jul 22Watts International Maritime (HKG:2258) Is Increasing Its Dividend To HK$0.016
Jun 17Watts International Maritime (HKG:2258) Is Paying Out A Larger Dividend Than Last Year
May 04Watts International Maritime's (HKG:2258) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 20Watts International Maritime (HKG:2258) Is Paying Out A Larger Dividend Than Last Year
Apr 04Capital Allocation Trends At Watts International Maritime (HKG:2258) Aren't Ideal
Mar 09Watts International Maritime Engineering (HKG:2258) Might Be Having Difficulty Using Its Capital Effectively
Nov 22Watts International Maritime Engineering (HKG:2258) May Have Issues Allocating Its Capital
Aug 03Investors Could Be Concerned With Watts International Maritime Engineering's (HKG:2258) Returns On Capital
Apr 21Watts International Maritime Engineering (HKG:2258) Takes On Some Risk With Its Use Of Debt
Mar 26Calculating The Intrinsic Value Of Watts International Maritime Engineering Limited (HKG:2258)
Jan 03Has Watts International Maritime Engineering (HKG:2258) Got What It Takes To Become A Multi-Bagger?
Nov 29
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2258 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2258 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Watts International Maritime Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2258) | 5.6% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Construction) | 6.1% |
| Analyst forecast in 3 Years (2258) | n/a |
Notable Dividend: 2258's dividend (5.55%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2258's dividend (5.55%) 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 low payout ratio (24.5%), 2258's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2258 is paying a dividend but the company has no free cash flows.