Genertec Universal Medical Group Dividends and Buybacks
Dividend criteria checks 3/6
Genertec Universal Medical Group is a dividend paying company with a current yield of 7.29% that is well covered by earnings.
Key information
7.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.9% |
| Dividend Growth | 14.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.350 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2666 has been paying a dividend for less than 10 years.
Growing Dividend: 2666's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Genertec Universal Medical Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2666) | 7.3% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Diversified Financial) | 8.0% |
| Analyst forecast (2666) (up to 3 years) | 8.9% |
Notable Dividend: 2666's dividend (7.29%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.32%).
High Dividend: 2666's dividend (7.29%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.2%), 2666's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.4%), 2666's dividend payments are thoroughly covered by cash flows.