Hong Kong Exchanges and Clearing Dividend
Dividend criteria checks 3/6
Hong Kong Exchanges and Clearing is a dividend paying company with a current yield of 3.2% that is well covered by earnings.
Key information
3.2%
Dividend yield
90%
Payout ratio
Industry average yield | 3.8% |
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
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (388) | 3.2% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 7.6% |
Industry Average (Capital Markets) | 3.8% |
Analyst forecast in 3 Years (388) | 3.7% |
Notable Dividend: 388's dividend (3.2%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 388's dividend (3.2%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.64%).
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.