Hong Kong Exchanges and Clearing Dividends and Buybacks
Dividend criteria checks 1/6
Hong Kong Exchanges and Clearing is a dividend paying company with a current yield of 2.88%.
Key information
2.9%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$8.270 |
| Payout ratio | 136% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (388) | 2.9% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Capital Markets) | 2.6% |
| Analyst forecast (388) (up to 3 years) | 3.4% |
Notable Dividend: 388's dividend (2.88%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.26%).
High Dividend: 388's dividend (2.88%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (136.1%), 388's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.8%), 388's dividend payments are not well covered by cash flows.