Raymond Industrial Limited

SEHK:229 Stock Report

Market Cap: HK$501.3m

Raymond Industrial Dividend

Dividend criteria checks 4/6

Raymond Industrial is a dividend paying company with a current yield of 7% that is well covered by earnings. Next payment date is on 7th June, 2024 with an ex-dividend date of 22nd May, 2024.

Key information

7.0%

Dividend yield

52%

Payout ratio

Industry average yield4.0%
Next dividend pay date07 Jun 24
Ex dividend date22 May 24
Dividend per sharen/a
Earnings per shareHK$0.14
Dividend yield forecast in 3Yn/a

Recent dividend updates

Raymond Industrial (HKG:229) Is Increasing Its Dividend To HK$0.10

Mar 31
Raymond Industrial (HKG:229) Is Increasing Its Dividend To HK$0.10

Raymond Industrial (HKG:229) Is Increasing Its Dividend To HK$0.03

Aug 28
Raymond Industrial (HKG:229) Is Increasing Its Dividend To HK$0.03

Recent updates

Raymond Industrial (HKG:229) Is Increasing Its Dividend To HK$0.10

Mar 31
Raymond Industrial (HKG:229) Is Increasing Its Dividend To HK$0.10

Investor Optimism Abounds Raymond Industrial Limited (HKG:229) But Growth Is Lacking

Jan 24
Investor Optimism Abounds Raymond Industrial Limited (HKG:229) But Growth Is Lacking

Raymond Industrial's (HKG:229) Earnings Seem To Be Promising

Sep 28
Raymond Industrial's (HKG:229) Earnings Seem To Be Promising

Raymond Industrial (HKG:229) Is Increasing Its Dividend To HK$0.03

Aug 28
Raymond Industrial (HKG:229) Is Increasing Its Dividend To HK$0.03

Raymond Industrial (HKG:229) Has Some Difficulty Using Its Capital Effectively

Jul 19
Raymond Industrial (HKG:229) Has Some Difficulty Using Its Capital Effectively

Raymond Industrial's (HKG:229) Dividend Will Be HK$0.04

Apr 04
Raymond Industrial's (HKG:229) Dividend Will Be HK$0.04

Estimating The Fair Value Of Raymond Industrial Limited (HKG:229)

Jan 18
Estimating The Fair Value Of Raymond Industrial Limited (HKG:229)

Raymond Industrial's (HKG:229) Dividend Will Be HK$0.02

Aug 28
Raymond Industrial's (HKG:229) Dividend Will Be HK$0.02

A Look At The Intrinsic Value Of Raymond Industrial Limited (HKG:229)

Jul 25
A Look At The Intrinsic Value Of Raymond Industrial Limited (HKG:229)

Raymond Industrial (HKG:229) Has Announced A Dividend Of HK$0.02

Aug 29
Raymond Industrial (HKG:229) Has Announced A Dividend Of HK$0.02

Here's Why We Think Raymond Industrial (HKG:229) Is Well Worth Watching

Jun 07
Here's Why We Think Raymond Industrial (HKG:229) Is Well Worth Watching

How Does Raymond Industrial Limited (HKG:229) Fare As A Dividend Stock?

Mar 09
How Does Raymond Industrial Limited (HKG:229) Fare As A Dividend Stock?

Is Now The Time To Put Raymond Industrial (HKG:229) On Your Watchlist?

Feb 22
Is Now The Time To Put Raymond Industrial (HKG:229) On Your Watchlist?

Did You Miss Raymond Industrial's (HKG:229) 24% Share Price Gain?

Feb 06
Did You Miss Raymond Industrial's (HKG:229) 24% Share Price Gain?

Raymond Industrial Limited's (HKG:229) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Jan 22
Raymond Industrial Limited's (HKG:229) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Does Raymond Industrial (HKG:229) Have The Makings Of A Multi-Bagger?

Jan 05
Does Raymond Industrial (HKG:229) Have The Makings Of A Multi-Bagger?

Have Insiders Been Buying Raymond Industrial Limited (HKG:229) Shares?

Dec 17
Have Insiders Been Buying Raymond Industrial Limited (HKG:229) Shares?

Is Raymond Industrial Limited (HKG:229) The Right Choice For A Smart Dividend Investor?

Dec 02
Is Raymond Industrial Limited (HKG:229) The Right Choice For A Smart Dividend Investor?

Do Raymond Industrial's (HKG:229) Earnings Warrant Your Attention?

Nov 17
Do Raymond Industrial's (HKG:229) Earnings Warrant Your Attention?

Upcoming Dividend Payment

TodayMay 10 2024Ex Dividend DateMay 22 2024Dividend Pay DateJun 07 202416 days from Ex DividendBuy in the next 12 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 229's dividends per share have been stable in the past 10 years.

Growing Dividend: 229's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Raymond Industrial Dividend Yield vs Market
How does 229 dividend yield compare to the market?
SegmentDividend Yield
Company (229)7.0%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)7.8%
Industry Average (Consumer Durables)4.0%
Analyst forecast in 3 Years (229)n/a

Notable Dividend: 229's dividend (7%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).

High Dividend: 229's dividend (7%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.84%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.7%), 229's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate 229's cash payout ratio to determine if its dividend payments are covered by cash flows.


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