Hung Fook Tong Group Holdings Dividend
What is Hung Fook Tong Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
2.06%
Current Dividend Yield
Dividend Yield vs Market
| Hung Fook Tong Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1446) | 2.1% |
| Market Bottom 25% (HK) | 2.7% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Beverage) | 1.2% |
| Analyst forecast in 3 Years (1446) | n/a |
Notable Dividend: 1446's dividend (2.06%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.69%).
High Dividend: 1446's dividend (2.06%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.05%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/26/2023 | 0.007 | 2.06 |
| 4/25/2022 | 0.007 | 2.2 |
| 3/28/2022 | 0.007 | 1.85 |
| 6/4/2021 | 0.029 | 6.54 |
| 8/24/2020 | 0.014 | 2.76 |
| 6/5/2020 | 0.008 | 1.88 |
| 6/6/2019 | 0.008 | 1.85 |
| 3/27/2018 | 0.007 | 1.2 |
| 4/25/2017 | 0.008 | 1.06 |
| 3/28/2017 | 0.008 | 1.02 |
| 4/27/2016 | 0.004 | 0.58 |
Stable Dividend: 1446 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1446's dividend payments have increased, but the company has only paid a dividend for 7 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.8%), 1446's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.7%), 1446's dividend payments are thoroughly covered by cash flows.