Texhong International Group Dividends and Buybacks
Dividend criteria checks 3/6
Texhong International Group is a dividend paying company with a current yield of 5.04% that is well covered by earnings.
Key information
5.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 11.9% |
| Dividend Growth | -7.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.200 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2678's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2678's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Texhong International Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2678) | 5.0% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Luxury) | 3.8% |
| Analyst forecast (2678) (up to 3 years) | 11.9% |
Notable Dividend: 2678's dividend (5.04%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 2678's dividend (5.04%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.3%), 2678's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.7%), 2678's dividend payments are thoroughly covered by cash flows.