Miramar Hotel and Investment Company Dividend
Dividend criteria checks 5/6
Miramar Hotel and Investment Company is a dividend paying company with a current yield of 5.32% that is well covered by earnings. Next payment date is on 11th July, 2024 with an ex-dividend date of 11th June, 2024.
Key information
5.3%
Dividend yield
37%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 11 Jul 24 |
| Ex dividend date | 11 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$1.41 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Miramar Hotel and Investment Company (HKG:71) Is Increasing Its Dividend To HK$0.30
Apr 25
Miramar Hotel and Investment Company (HKG:71) Is Increasing Its Dividend To HK$0.30
Mar 21Miramar Hotel and Investment Company (HKG:71) Is Increasing Its Dividend To HK$0.23
Aug 28Recent updates
Miramar Hotel and Investment Company (HKG:71) Is Increasing Its Dividend To HK$0.30
Apr 25Miramar Hotel and Investment Company (HKG:71) Is Increasing Its Dividend To HK$0.30
Mar 21Miramar Hotel and Investment Company (HKG:71) Is Increasing Its Dividend To HK$0.23
Aug 28Miramar Hotel and Investment Company (HKG:71) Is Increasing Its Dividend To HK$0.29
May 21Miramar Hotel and Investment Company's (HKG:71) Shareholders Will Receive A Bigger Dividend Than Last Year
May 07Miramar Hotel and Investment Company's (HKG:71) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05Miramar Hotel and Investment Company (HKG:71) Has Announced That It Will Be Increasing Its Dividend To HK$0.29
Mar 20Calculating The Intrinsic Value Of Miramar Hotel and Investment Company, Limited (HKG:71)
Nov 18Miramar Hotel and Investment Company (HKG:71) May Have Issues Allocating Its Capital
Oct 16Miramar Hotel and Investment Company's (HKG:71) Dividend Will Be Increased To HK$0.21
Aug 22Miramar Hotel and Investment Company (HKG:71) Is Paying Out Less In Dividends Than Last Year
Jun 08Miramar Hotel and Investment Company (HKG:71) Will Pay A Smaller Dividend Than Last Year
Apr 28Miramar Hotel and Investment Company's (HKG:71) Dividend Will Be Reduced To HK$0.26
Mar 23Miramar Hotel and Investment Company (HKG:71) Is Reducing Its Dividend To HK$0.20
Sep 19Be Wary Of Miramar Hotel and Investment Company (HKG:71) And Its Returns On Capital
Sep 16Miramar Hotel and Investment Company's (HKG:71) Dividend Will Be Reduced To HK$0.20
Aug 21Miramar Hotel and Investment Company's (HKG:71) Returns On Capital Not Reflecting Well On The Business
May 03A Look At The Fair Value Of Miramar Hotel and Investment Company, Limited (HKG:71)
Apr 05What Is The Ownership Structure Like For Miramar Hotel and Investment Company, Limited (HKG:71)?
Mar 16Should You Buy Miramar Hotel and Investment Company, Limited (HKG:71) For Its 4.0% Dividend?
Feb 22What Type Of Returns Would Miramar Hotel and Investment Company's(HKG:71) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 02
Are Miramar Hotel and Investment Company's (HKG:71) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 18We're Watching These Trends At Miramar Hotel and Investment Company (HKG:71)
Jan 04Have Insiders Been Buying Miramar Hotel and Investment Company, Limited (HKG:71) Shares This Year?
Dec 18Do Institutions Own Miramar Hotel and Investment Company, Limited (HKG:71) Shares?
Dec 03Should Miramar Hotel and Investment Company, Limited (HKG:71) Be Part Of Your Income Portfolio?
Nov 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 71's dividends per share have been stable in the past 10 years.
Growing Dividend: 71's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Miramar Hotel and Investment Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (71) | 5.3% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Hospitality) | 3.3% |
| Analyst forecast in 3 Years (71) | n/a |
Notable Dividend: 71's dividend (5.32%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 71's dividend (5.32%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.5%), 71's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.2%), 71's dividend payments are well covered by cash flows.