Tungtex (Holdings) Dividend
Dividend criteria checks 2/6
Tungtex (Holdings) is a dividend paying company with a current yield of 2.13% that is well covered by earnings.
Key information
2.1%
Dividend yield
88%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.0057 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Tungtex (Holdings) (HKG:518) Is Experiencing Growth In Returns On Capital
Nov 17
The Return Trends At Tungtex (Holdings) (HKG:518) Look Promising
Jun 13We Think Shareholders Are Less Likely To Approve A Pay Rise For Tungtex (Holdings) Company Limited's (HKG:518) CEO For Now
Aug 18We're Not Counting On Tungtex (Holdings) (HKG:518) To Sustain Its Statutory Profitability
Jan 31
Is Tungtex (Holdings) (HKG:518) Using Debt Sensibly?
Dec 28Michael Webb of Tungtex (Holdings) Company Limited (HKG:518) Just Spent HK$1.6m On Shares
Nov 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 518's dividend payments have been volatile in the past 10 years.
Growing Dividend: 518's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Tungtex (Holdings) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (518) | 2.1% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast in 3 Years (518) | n/a |
Notable Dividend: 518's dividend (2.13%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 518's dividend (2.13%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.82%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.6%), 518's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.7%), 518's dividend payments are thoroughly covered by cash flows.