SMC Electric Dividend
Dividend criteria checks 3/6
SMC Electric is a dividend paying company with a current yield of 12.05%. Next payment date is on 17th July, 2024 with an ex-dividend date of 19th June, 2024.
Key information
12.0%
Dividend yield
96%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | 17 Jul 24 |
| Ex dividend date | 19 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.01 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
There May Be Reason For Hope In SMC Electric's (HKG:2381) Disappointing Earnings
May 03
The Returns On Capital At SMC Electric (HKG:2381) Don't Inspire Confidence
Nov 29Returns On Capital At SMC Electric (HKG:2381) Paint A Concerning Picture
Jun 01SMC Electric (HKG:2381) May Have Issues Allocating Its Capital
Dec 13Investors Could Be Concerned With SMC Electric's (HKG:2381) Returns On Capital
Aug 23There Are Reasons To Feel Uneasy About SMC Electric's (HKG:2381) Returns On Capital
Apr 05Here's What's Concerning About SMC Electric's (HKG:2381) Returns On Capital
Sep 14Are SMC Electric's (HKG:2381) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 08
Declining Stock and Solid Fundamentals: Is The Market Wrong About SMC Electric Limited (HKG:2381)?
Dec 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2381 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2381's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| SMC Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2381) | 12.0% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Consumer Durables) | 4.1% |
| Analyst forecast in 3 Years (2381) | n/a |
Notable Dividend: 2381's dividend (12.05%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 2381's dividend (12.05%) is in the top 25% of dividend payers in the Hong Kong market (7.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.3%), 2381's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.8%), 2381's dividend payments are covered by cash flows.