Continental Aerospace Technologies Holding Dividend
Dividend criteria checks 1/6
Continental Aerospace Technologies Holding is a dividend paying company with a current yield of 2.84% that is well covered by earnings. Next payment date is on 21st June, 2024 with an ex-dividend date of 7th June, 2024.
Key information
2.8%
Dividend yield
29%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | 21 Jun 24 |
| Ex dividend date | 07 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.017 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Continental Aerospace Technologies Holding Limited's (HKG:232) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Apr 09
Revenues Working Against Continental Aerospace Technologies Holding Limited's (HKG:232) Share Price
Dec 15Continental Aerospace Technologies Holding's (HKG:232) Strong Earnings Are Of Good Quality
Sep 21AVIC International Holding (HK)'s (HKG:232) Stock Price Has Reduced 87% In The Past Five Years
Dec 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 232's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 232's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Continental Aerospace Technologies Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (232) | 2.8% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Aerospace & Defense) | 1.1% |
| Analyst forecast in 3 Years (232) | n/a |
Notable Dividend: 232's dividend (2.84%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 232's dividend (2.84%) 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 (28.7%), 232's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 232's cash payout ratio to determine if its dividend payments are covered by cash flows.