L.K. Technology Holdings is a dividend paying company with a current yield of 3.51% that is well covered by earnings. Next payment date is on 2nd October, 2024 with an ex-dividend date of 12th September, 2024.
Key information
3.5%
Dividend yield
25%
Payout ratio
Industry average yield
3.6%
Next dividend pay date
02 Oct 24
Ex dividend date
12 Sep 24
Dividend per share
HK$0.100
Earnings per share
HK$0.38
Dividend yield forecast in 3Y
3.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 558 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 558's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
L.K. Technology Holdings Dividend Yield vs Market
How does 558 dividend yield compare to the market?
Segment
Dividend Yield
Company (558)
3.5%
Market Bottom 25% (HK)
3.4%
Market Top 25% (HK)
8.2%
Industry Average (Machinery)
3.6%
Analyst forecast in 3 Years (558)
3.9%
Notable Dividend: 558's dividend (3.51%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.45%).
High Dividend: 558's dividend (3.51%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.2%), 558's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (206.9%), 558's dividend payments are not well covered by cash flows.