Taste Gourmet Group Dividend
Dividend criteria checks 3/6
Taste Gourmet Group is a dividend paying company with a current yield of 7.43% that is well covered by earnings.
Key information
7.4%
Dividend yield
45%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.24 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Taste Gourmet Group's (HKG:8371) Dividend Will Be Increased To HK$0.052
Jul 28
Taste Gourmet Group (HKG:8371) Is Increasing Its Dividend To HK$0.052
Jul 12Recent updates
Taste Gourmet Group Limited (HKG:8371) Might Not Be As Mispriced As It Looks
Dec 29Taste Gourmet Group (HKG:8371) Has Some Way To Go To Become A Multi-Bagger
Aug 25Taste Gourmet Group's (HKG:8371) Dividend Will Be Increased To HK$0.052
Jul 28Taste Gourmet Group (HKG:8371) Is Increasing Its Dividend To HK$0.052
Jul 12Taste Gourmet Group's (HKG:8371) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 28Taste Gourmet Group (HKG:8371) Is Increasing Its Dividend To HK$0.048
Nov 17Taste Gourmet Group (HKG:8371) Has Announced That Its Dividend Will Be Reduced To HK$0.016
Aug 02Taste Gourmet Group (HKG:8371) Has Announced That Its Dividend Will Be Reduced To HK$0.016
Jul 14Taste Gourmet Group's (HKG:8371) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 29Here's Why Taste Gourmet Group (HKG:8371) Can Manage Its Debt Responsibly
Mar 03Here's Why Taste Gourmet Group (HKG:8371) Has A Meaningful Debt Burden
Sep 20Taste Gourmet Group Limited (HKG:8371) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Feb 08
Here's What We Think About Taste Gourmet Group's (HKG:8371) CEO Pay
Jan 13Introducing Taste Gourmet Group (HKG:8371), A Stock That Climbed 65% In The Last Year
Dec 22We Think Taste Gourmet Group's (HKG:8371) Statutory Profit Might Understate Its Earnings Potential
Nov 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8371 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8371's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Taste Gourmet Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8371) | 7.4% |
| Market Bottom 25% (HK) | 3.1% |
| Market Top 25% (HK) | 7.5% |
| Industry Average (Hospitality) | 3.3% |
| Analyst forecast in 3 Years (8371) | n/a |
Notable Dividend: 8371's dividend (7.43%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.08%).
High Dividend: 8371's dividend (7.43%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.9%), 8371's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22%), 8371's dividend payments are well covered by cash flows.