Jiumaojiu International Holdings is a dividend paying company with a current yield of 2.71% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 12th June, 2024.
Key information
2.7%
Dividend yield
44%
Payout ratio
Industry average yield
3.1%
Next dividend pay date
05 Jul 24
Ex dividend date
12 Jun 24
Dividend per share
n/a
Earnings per share
HK$0.32
Dividend yield forecast in 3Y
4.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9922 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9922's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Jiumaojiu International Holdings Dividend Yield vs Market
How does 9922 dividend yield compare to the market?
Segment
Dividend Yield
Company (9922)
2.7%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
7.8%
Industry Average (Hospitality)
3.1%
Analyst forecast in 3 Years (9922)
4.6%
Notable Dividend: 9922's dividend (2.71%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 9922's dividend (2.71%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.6%), 9922's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.8%), 9922's dividend payments are well covered by cash flows.