Asia Tele-Net and Technology Dividend
Dividend criteria checks 2/6
Asia Tele-Net and Technology is a dividend paying company with a current yield of 3.49% that is well covered by earnings. Next payment date is on 25th July, 2024 with an ex-dividend date of 2nd July, 2024.
Key information
3.5%
Dividend yield
4%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 25 Jul 24 |
| Ex dividend date | 02 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.79 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Asia Tele-Net and Technology (HKG:679) Is Due To Pay A Dividend Of HK$0.02
Jun 21
Asia Tele-Net and Technology (HKG:679) Is Paying Out A Dividend Of HK$0.02
Apr 04Asia Tele-Net and Technology (HKG:679) Will Pay A Dividend Of HK$0.01
Sep 02Recent updates
Asia Tele-Net and Technology (HKG:679) Seems To Use Debt Rather Sparingly
Sep 01Asia Tele-Net and Technology (HKG:679) Is Due To Pay A Dividend Of HK$0.02
Jun 21Asia Tele-Net and Technology (HKG:679) Is Paying Out A Dividend Of HK$0.02
Apr 04Asia Tele-Net and Technology (HKG:679) Will Pay A Dividend Of HK$0.01
Sep 02Asia Tele-Net and Technology (HKG:679) Will Pay A Dividend Of HK$0.02
Jun 24Asia Tele-Net and Technology (HKG:679) Has Affirmed Its Dividend Of HK$0.02
May 12Asia Tele-Net and Technology (HKG:679) Has Announced A Dividend Of HK$0.02
Apr 28Asia Tele-Net and Technology (HKG:679) Has Announced A Dividend Of HK$0.02
Apr 04Why Asia Tele-Net and Technology Corporation Limited (HKG:679) Should Be In Your Dividend Portfolio
Apr 28Here's Why We Don't Think Asia Tele-Net and Technology's (HKG:679) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 679 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 679's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Asia Tele-Net and Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (679) | 3.5% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Machinery) | 3.0% |
| Analyst forecast in 3 Years (679) | n/a |
Notable Dividend: 679's dividend (3.49%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 679's dividend (3.49%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.9%), 679's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 679's cash payout ratio to determine if its dividend payments are covered by cash flows.