Galaxy Entertainment Group Dividends and Buybacks
Dividend criteria checks 2/6
Galaxy Entertainment Group is a dividend paying company with a current yield of 3.07% that is well covered by earnings.
Key information
3.1%
Dividend yield
-0.009%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$1.000 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 27 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 27's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Galaxy Entertainment Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (27) | 3.1% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Hospitality) | 3.4% |
| Analyst forecast (27) (up to 3 years) | 3.9% |
Notable Dividend: 27's dividend (3.07%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.28%).
High Dividend: 27's dividend (3.07%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.3%), 27's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.2%), 27's dividend payments are covered by cash flows.