Hong Kong Exchanges and Clearing Dividend
Dividend criteria checks 2/6
Hong Kong Exchanges and Clearing is a dividend paying company with a current yield of 3.18% that is well covered by earnings.
Key information
3.2%
Dividend yield
90%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$9.03 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Hong Kong Exchanges and Clearing (HKG:388) Has Announced A Dividend Of HK$3.91
Mar 03
Hong Kong Exchanges and Clearing's (HKG:388) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 18Recent updates
Hong Kong Exchanges and Clearing (HKG:388) Has Announced A Dividend Of HK$3.91
Mar 03Investor Optimism Abounds Hong Kong Exchanges and Clearing Limited (HKG:388) But Growth Is Lacking
Dec 18Hong Kong Exchanges and Clearing's (HKG:388) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 18Hong Kong Exchanges and Clearing's (HKG:388) Dividend Will Be Reduced To HK$3.69
Feb 26Hong Kong Exchanges and Clearing (HKG:388) Is Paying Out Less In Dividends Than Last Year
Aug 19Hong Kong Exchanges and Clearing (HKG:388) Is Reducing Its Dividend To HK$4.18
Feb 27Should You Be Adding Hong Kong Exchanges and Clearing (HKG:388) To Your Watchlist Today?
Dec 22I Ran A Stock Scan For Earnings Growth And Hong Kong Exchanges and Clearing (HKG:388) Passed With Ease
Sep 23Hong Kong Exchanges and Clearing (HKG:388) Is Increasing Its Dividend To HK$4.69
Aug 13I Ran A Stock Scan For Earnings Growth And Hong Kong Exchanges and Clearing (HKG:388) Passed With Ease
Jun 23If You Like EPS Growth Then Check Out Hong Kong Exchanges and Clearing (HKG:388) Before It's Too Late
Mar 25Just Four Days Till Hong Kong Exchanges and Clearing Limited (HKG:388) Will Be Trading Ex-Dividend
Mar 04Should Hong Kong Exchanges and Clearing Limited (HKG:388) Be Part Of Your Dividend Portfolio?
Mar 01Is Hong Kong Exchanges and Clearing Limited (HKG:388) Popular Amongst Institutions?
Feb 01
Shareholders Of Hong Kong Exchanges and Clearing (HKG:388) Must Be Happy With Their 196% Total Return
Jan 11Is Now The Time To Put Hong Kong Exchanges and Clearing (HKG:388) On Your Watchlist?
Dec 21Why Dividend Hunters Love Hong Kong Exchanges and Clearing Limited (HKG:388)
Nov 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 388's dividend payments have been volatile in the past 10 years.
Growing Dividend: 388's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hong Kong Exchanges and Clearing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (388) | 3.2% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Capital Markets) | 3.9% |
| Analyst forecast in 3 Years (388) | 3.7% |
Notable Dividend: 388's dividend (3.18%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 388's dividend (3.18%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.7%), 388's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (105.1%), 388's dividend payments are not well covered by cash flows.