Tai Hing Group Holdings Dividend
Dividend criteria checks 3/6
Tai Hing Group Holdings is a dividend paying company with a current yield of 7.69% that is well covered by earnings. Next payment date is on 7th June, 2024 with an ex-dividend date of 21st May, 2024.
Key information
7.7%
Dividend yield
74%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 07 Jun 24 |
| Ex dividend date | 21 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.093 |
| Dividend yield forecast in 3Y | 11.8% |
Recent dividend updates
Tai Hing Group Holdings (HKG:6811) Will Pay A Dividend Of HK$0.025
Sep 15
Tai Hing Group Holdings (HKG:6811) Is Due To Pay A Dividend Of HK$0.025
Sep 01Recent updates
The Returns On Capital At Tai Hing Group Holdings (HKG:6811) Don't Inspire Confidence
Oct 25Tai Hing Group Holdings (HKG:6811) Will Pay A Dividend Of HK$0.025
Sep 15Tai Hing Group Holdings (HKG:6811) Is Due To Pay A Dividend Of HK$0.025
Sep 01Tai Hing Group Holdings' (HKG:6811) Shareholders Will Receive A Smaller Dividend Than Last Year
May 26Tai Hing Group Holdings' (HKG:6811) Dividend Will Be Reduced To HK$0.05
May 12Tai Hing Group Holdings (HKG:6811) Is Reducing Its Dividend To HK$0.05
Apr 28Tai Hing Group Holdings Limited's (HKG:6811) P/E Is Still On The Mark Following 29% Share Price Bounce
Apr 08Tai Hing Group Holdings' (HKG:6811) Dividend Is Being Reduced To HK$0.05
Mar 31Tai Hing Group Holdings (HKG:6811) Has Announced That It Will Be Increasing Its Dividend To HK$0.025
Sep 29Tai Hing Group Holdings (HKG:6811) Is Increasing Its Dividend To HK$0.025
Sep 15Tai Hing Group Holdings (HKG:6811) Has Announced That It Will Be Increasing Its Dividend To HK$0.025
Aug 29A Look At The Intrinsic Value Of Tai Hing Group Holdings Limited (HKG:6811)
Aug 23What Is Tai Hing Group Holdings Limited's (HKG:6811) Share Price Doing?
Jul 27Tai Hing Group Holdings Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Mar 27Tai Hing Group Holdings Limited's (HKG:6811) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Feb 28The Trends At Tai Hing Group Holdings (HKG:6811) That You Should Know About
Feb 08
Trade Alert: The Executive Director Of Tai Hing Group Holdings Limited (HKG:6811), Shuk Chan, Has Just Spent HK$780k Buying 4.6% More Shares
Jan 20Wing Chan Is The Chairman of Tai Hing Group Holdings Limited (HKG:6811) And They Just Picked Up 5.0% More Shares
Jan 01Could Tai Hing Group Holdings Limited (HKG:6811) Have The Makings Of Another Dividend Aristocrat?
Dec 21Tai Hing Group Holdings'(HKG:6811) Share Price Is Down 16% Over The Past Year.
Dec 02Tai Hing Group Holdings Limited (HKG:6811) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Nov 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6811 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6811's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Tai Hing Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6811) | 7.7% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Hospitality) | 3.1% |
| Analyst forecast in 3 Years (6811) | 11.8% |
Notable Dividend: 6811's dividend (7.69%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 6811's dividend (7.69%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.9%), 6811's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.8%), 6811's dividend payments are thoroughly covered by cash flows.