LH Group Dividend
Dividend criteria checks 4/6
LH Group is a dividend paying company with a current yield of 9.78% that is well covered by earnings. Next payment date is on 27th June, 2024 with an ex-dividend date of 11th June, 2024.
Key information
9.8%
Dividend yield
80%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 27 Jun 24 |
| Ex dividend date | 11 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.11 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
LH Group's (HKG:1978) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 19
LH Group's (HKG:1978) Dividend Will Be Increased To HK$0.0777
Jun 08Recent updates
LH Group's (HKG:1978) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 19LH Group (HKG:1978) Is Doing The Right Things To Multiply Its Share Price
Aug 30LH Group's (HKG:1978) Dividend Will Be Increased To HK$0.0777
Jun 08LH Group (HKG:1978) Might Be Having Difficulty Using Its Capital Effectively
Feb 17LH Group (HKG:1978) Is Reducing Its Dividend To HK$0.06
Apr 27Estimating The Fair Value Of LH Group Limited (HKG:1978)
Nov 09LH Group (HKG:1978) Will Want To Turn Around Its Return Trends
Jul 27LH Group (HKG:1978) Might Be Having Difficulty Using Its Capital Effectively
Apr 19Investors Who Bought LH Group (HKG:1978) Shares A Year Ago Are Now Up 12%
Feb 25Our Take On The Returns On Capital At LH Group (HKG:1978)
Nov 25
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1978 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1978's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| LH Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1978) | 9.8% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Hospitality) | 3.3% |
| Analyst forecast in 3 Years (1978) | n/a |
Notable Dividend: 1978's dividend (9.78%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1978's dividend (9.78%) is in the top 25% of dividend payers in the Hong Kong market (8.01%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80%), 1978's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28%), 1978's dividend payments are well covered by cash flows.