Town Ray Holdings Dividend
Dividend criteria checks 4/6
Town Ray Holdings is a dividend paying company with a current yield of 10.75% that is well covered by earnings. Next payment date is on 11th July, 2024 with an ex-dividend date of 25th June, 2024.
Key information
10.8%
Dividend yield
88%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | 11 Jul 24 |
| Ex dividend date | 25 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.34 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Town Ray Holdings' (HKG:1692) Dividend Will Be Increased To HK$0.15
Aug 27
Town Ray Holdings (HKG:1692) Will Pay A Larger Dividend Than Last Year At HK$0.193
May 26Recent updates
Some Investors May Be Willing To Look Past Town Ray Holdings' (HKG:1692) Soft Earnings
Apr 26These 4 Measures Indicate That Town Ray Holdings (HKG:1692) Is Using Debt Reasonably Well
Mar 20Town Ray Holdings' (HKG:1692) Dividend Will Be Increased To HK$0.15
Aug 27Town Ray Holdings (HKG:1692) Will Pay A Larger Dividend Than Last Year At HK$0.193
May 26Market Might Still Lack Some Conviction On Town Ray Holdings Limited (HKG:1692) Even After 31% Share Price Boost
Mar 20Is Town Ray Holdings (HKG:1692) A Risky Investment?
Dec 21With EPS Growth And More, Town Ray Holdings (HKG:1692) Is Interesting
Apr 27Town Ray Holdings (HKG:1692) Seems To Use Debt Rather Sparingly
Apr 14Investors Shouldn't Overlook Town Ray Holdings' (HKG:1692) Impressive Returns On Capital
Mar 24Town Ray Holdings Limited (HKG:1692) Is Yielding 9.6% - But Is It A Buy?
Mar 04Shareholders Of Town Ray Holdings (HKG:1692) Must Be Happy With Their 230% Total Return
Feb 10
Do Town Ray Holdings's (HKG:1692) Earnings Warrant Your Attention?
Jan 20Is Town Ray Holdings (HKG:1692) A Risky Investment?
Dec 25Should You Rely On Town Ray Holdings's (HKG:1692) Earnings Growth?
Dec 04Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1692 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1692's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Town Ray Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1692) | 10.8% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Consumer Durables) | 4.4% |
| Analyst forecast in 3 Years (1692) | n/a |
Notable Dividend: 1692's dividend (10.75%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 1692's dividend (10.75%) is in the top 25% of dividend payers in the Hong Kong market (7.82%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.4%), 1692's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59%), 1692's dividend payments are covered by cash flows.