First Tractor Dividend
Dividend criteria checks 4/6
First Tractor is a dividend paying company with a current yield of 4.76% that is well covered by earnings.
Key information
4.8%
Dividend yield
36%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.89 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Is First Tractor (HKG:38) Using Too Much Debt?
Apr 17
We Think You Should Be Aware Of Some Concerning Factors In First Tractor's (HKG:38) Earnings
Apr 03Here's Why We Think First Tractor (HKG:38) Might Deserve Your Attention Today
Mar 20First Tractor Company Limited's (HKG:38) Shares Leap 25% Yet They're Still Not Telling The Full Story
Feb 19Is There Now An Opportunity In First Tractor Company Limited (HKG:38)?
Jan 31First Tractor (HKG:38) Has A Rock Solid Balance Sheet
Jan 16We Ran A Stock Scan For Earnings Growth And First Tractor (HKG:38) Passed With Ease
Nov 28First Tractor (HKG:38) Is Experiencing Growth In Returns On Capital
Aug 30We Like These Underlying Return On Capital Trends At First Tractor (HKG:38)
May 04There's Been No Shortage Of Growth Recently For First Tractor's (HKG:38) Returns On Capital
Sep 30Is First Tractor (HKG:38) Using Too Much Debt?
Apr 28The Return Trends At First Tractor (HKG:38) Look Promising
Jan 05First Tractor (HKG:38) Seems To Use Debt Rather Sparingly
Dec 13Investors Will Want First Tractor's (HKG:38) Growth In ROCE To Persist
Aug 13With EPS Growth And More, First Tractor (HKG:38) Is Interesting
Jul 26First Tractor (HKG:38) Could Easily Take On More Debt
May 30Investors Will Want First Tractor's (HKG:38) Growth In ROCE To Persist
May 11The Case For First Tractor Company Limited (HKG:38): Could It Be A Nice Addition To Your Dividend Portfolio?
Apr 26Is First Tractor (HKG:38) Using Debt In A Risky Way?
Jan 18
Here's Why We Don't Think First Tractor's (HKG:38) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 20Are Institutions Heavily Invested In First Tractor Company Limited's (HKG:38) Shares?
Nov 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 38's dividend payments have been volatile in the past 10 years.
Growing Dividend: 38's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| First Tractor Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (38) | 4.8% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Machinery) | 3.1% |
| Analyst forecast in 3 Years (38) | n/a |
Notable Dividend: 38's dividend (4.76%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.39%).
High Dividend: 38's dividend (4.76%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36%), 38's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.1%), 38's dividend payments are well covered by cash flows.