Global International Credit Group Dividend
Dividend criteria checks 3/6
Global International Credit Group is a dividend paying company with a current yield of 9.09% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 7th June, 2024.
Key information
9.1%
Dividend yield
40%
Payout ratio
| Industry average yield | 7.2% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 07 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.13 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Global International Credit Group's (HKG:1669) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 25
Global International Credit Group's (HKG:1669) Shareholders Will Receive A Smaller Dividend Than Last Year
May 17Global International Credit Group (HKG:1669) Is Reducing Its Dividend To HK$0.051
May 03Recent updates
Global International Credit Group's (HKG:1669) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 25Global International Credit Group's (HKG:1669) Shareholders Will Receive A Smaller Dividend Than Last Year
May 17Global International Credit Group (HKG:1669) Is Reducing Its Dividend To HK$0.051
May 03Global International Credit Group (HKG:1669) Is Reducing Its Dividend To HK$0.051
Apr 04Global International Credit Group (HKG:1669) Has Announced That Its Dividend Will Be Reduced To HK$0.053
Apr 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1669 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1669's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Global International Credit Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1669) | 9.1% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Diversified Financial) | 7.2% |
| Analyst forecast in 3 Years (1669) | n/a |
Notable Dividend: 1669's dividend (9.09%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 1669's dividend (9.09%) is in 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 (39.8%), 1669's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 1669's cash payout ratio to determine if its dividend payments are covered by cash flows.