Tristate Holdings Dividend
Dividend criteria checks 5/6
Tristate Holdings is a dividend paying company with a current yield of 13.48% that is well covered by earnings. Next payment date is on 16th July, 2024 with an ex-dividend date of 27th June, 2024.
Key information
13.5%
Dividend yield
40%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 16 Jul 24 |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.63 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Tristate Holdings' (HKG:458) Earnings May Just Be The Starting Point
May 02
Improved Earnings Required Before Tristate Holdings Limited (HKG:458) Stock's 31% Jump Looks Justified
Mar 10Is Now The Time To Put Tristate Holdings (HKG:458) On Your Watchlist?
Mar 06Does Tristate Holdings (HKG:458) Have A Healthy Balance Sheet?
Oct 30Calculating The Intrinsic Value Of Tristate Holdings Limited (HKG:458)
Aug 31Here's Why Tristate Holdings (HKG:458) Has Caught The Eye Of Investors
Aug 08Optimistic Investors Push Tristate Holdings Limited (HKG:458) Shares Up 56% But Growth Is Lacking
Aug 08Tristate Holdings (HKG:458) Is Looking To Continue Growing Its Returns On Capital
Jun 29We Like These Underlying Return On Capital Trends At Tristate Holdings (HKG:458)
Nov 18Statutory Profit Doesn't Reflect How Good Tristate Holdings' (HKG:458) Earnings Are
Sep 26Tristate Holdings (HKG:458) Seems To Use Debt Quite Sensibly
Sep 22Tristate Holdings (HKG:458) Might Have The Makings Of A Multi-Bagger
Mar 29Tristate Holdings' (HKG:458) Returns On Capital Are Heading Higher
Dec 06Is Tristate Holdings (HKG:458) Using Debt In A Risky Way?
Nov 22
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 458's dividend payments have been volatile in the past 10 years.
Growing Dividend: 458's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tristate Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (458) | 13.5% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast in 3 Years (458) | n/a |
Notable Dividend: 458's dividend (13.48%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 458's dividend (13.48%) is in the top 25% of dividend payers in the Hong Kong market (7.95%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), 458's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.6%), 458's dividend payments are well covered by cash flows.