Greentown Management Holdings is a dividend paying company with a current yield of 7.88% that is well covered by earnings. Next payment date is on 15th July, 2024 with an ex-dividend date of 2nd July, 2024.
Key information
7.9%
Dividend yield
80%
Payout ratio
Industry average yield
6.1%
Next dividend pay date
15 Jul 24
Ex dividend date
02 Jul 24
Dividend per share
n/a
Earnings per share
HK$0.48
Dividend yield forecast in 3Y
11.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9979 has been paying a dividend for less than 10 years.
Growing Dividend: 9979's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Greentown Management Holdings Dividend Yield vs Market
How does 9979 dividend yield compare to the market?
Segment
Dividend Yield
Company (9979)
7.9%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
8.0%
Industry Average (Construction)
6.1%
Analyst forecast in 3 Years (9979)
11.8%
Notable Dividend: 9979's dividend (7.88%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 9979's dividend (7.88%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.5%), 9979's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 9979's cash payout ratio to determine if its dividend payments are covered by cash flows.