Dynagreen Environmental Protection Group Dividend
Dividend criteria checks 3/6
Dynagreen Environmental Protection Group is a dividend paying company with a current yield of 5.64% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 6th May, 2024.
Key information
5.6%
Dividend yield
35%
Payout ratio
| Industry average yield | 5.5% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 06 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.43 |
| Dividend yield forecast in 3Y | 5.6% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1330 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1330's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Dynagreen Environmental Protection Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1330) | 5.6% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Commercial Services) | 5.5% |
| Analyst forecast in 3 Years (1330) | 5.6% |
Notable Dividend: 1330's dividend (5.64%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1330's dividend (5.64%) 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 reasonably low payout ratio (34.8%), 1330's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.6%), 1330's dividend payments are well covered by cash flows.