First Tractor Dividends and Buybacks
Dividend criteria checks 4/6
First Tractor is a dividend paying company with a current yield of 4.85% that is well covered by earnings.
Key information
4.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 21.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.346 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Stability 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) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Machinery) | 3.9% |
| Analyst forecast (38) (up to 3 years) | n/a |
Notable Dividend: 38's dividend (4.85%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.32%).
High Dividend: 38's dividend (4.85%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.4%), 38's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), 38's dividend payments are well covered by cash flows.