China Galaxy Securities Dividends and Buybacks
Dividend criteria checks 3/6
China Galaxy Securities is a dividend paying company with a current yield of 2.58% 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
2.6%
Dividend yield
-3.7%
Buyback Yield
| Total Shareholder Yield | -1.2% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 5.4% |
| 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
Upcoming 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) | 2.6% |
| 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) | 3.9% |
Notable Dividend: 6881's dividend (2.58%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.28%).
High Dividend: 6881's dividend (2.58%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.05%).
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.