China Galaxy Securities Dividends and Buybacks
Dividend criteria checks 3/6
China Galaxy Securities is a dividend paying company with a current yield of 2.42% that is well covered by earnings. Next payment date is on 21st January, 2025 with an ex-dividend date of 4th December, 2024.
Key information
2.4%
Dividend yield
-3.5%
Buyback Yield
| Total Shareholder Yield | -1.1% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 5.3% |
| Next dividend pay date | 21 Jan 25 |
| Ex dividend date | 04 Dec 24 |
| Dividend per share | HK$0.168 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
There's Reason For Concern Over China Galaxy Securities Co., Ltd.'s (HKG:6881) Massive 33% Price Jump
Sep 26
China Galaxy Securities (HKG:6881) Is Reducing Its Dividend To CN¥0.2411
Jul 01Improved Earnings Required Before China Galaxy Securities Co., Ltd. (HKG:6881) Shares Find Their Feet
Jun 25Why Investors Shouldn't Be Surprised By China Galaxy Securities Co., Ltd.'s (HKG:6881) Low P/E
Jan 16China Galaxy Securities (HKG:6881) Has Announced That Its Dividend Will Be Reduced To CN¥0.2503
Jul 02Here's Why I Think China Galaxy Securities (HKG:6881) Might Deserve Your Attention Today
May 30If You Like EPS Growth Then Check Out China Galaxy Securities (HKG:6881) Before It's Too Late
Jan 25I Ran A Stock Scan For Earnings Growth And China Galaxy Securities (HKG:6881) Passed With Ease
Oct 27I Ran A Stock Scan For Earnings Growth And China Galaxy Securities (HKG:6881) Passed With Ease
Jul 29China Galaxy Securities Co., Ltd. (HKG:6881) Analysts Are Reducing Their Forecasts For This Year
May 08Is China Galaxy Securities Co., Ltd. (HKG:6881) The Right Choice For A Smart Dividend Investor?
Apr 28Do China Galaxy Securities's (HKG:6881) Earnings Warrant Your Attention?
Apr 06Do Institutions Own China Galaxy Securities Co., Ltd. (HKG:6881) Shares?
Mar 16China Galaxy Securities (HKG:6881) Share Prices Have Dropped 14% In The Last Three Years
Feb 22Three Things You Should Check Before Buying China Galaxy Securities Co., Ltd. (HKG:6881) For Its Dividend
Jan 27
Here's Why We Think China Galaxy Securities (HKG:6881) Is Well Worth Watching
Jan 05Are Institutions Heavily Invested In China Galaxy Securities Co., Ltd.'s (HKG:6881) Shares?
Dec 15What Type Of Returns Would China Galaxy Securities'(HKG:6881) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Nov 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6881's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6881's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Galaxy Securities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6881) | 2.4% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Capital Markets) | 2.5% |
| Analyst forecast (6881) (up to 3 years) | 3.6% |
Notable Dividend: 6881's dividend (2.42%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.23%).
High Dividend: 6881's dividend (2.42%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.1%), 6881's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.3%), 6881's dividend payments are thoroughly covered by cash flows.