Tsit Wing International Holdings Dividend
Dividend criteria checks 3/6
Tsit Wing International Holdings is a dividend paying company with a current yield of 7.52% that is well covered by earnings. Next payment date is on 12th June, 2024 with an ex-dividend date of 24th May, 2024.
Key information
7.5%
Dividend yield
60%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | 12 Jun 24 |
| Ex dividend date | 24 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.068 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
We Think Tsit Wing International Holdings' (HKG:2119) Healthy Earnings Might Be Conservative
Apr 25
Tsit Wing International Holdings Limited's (HKG:2119) 37% Share Price Surge Not Quite Adding Up
Feb 19Tsit Wing International Holdings (HKG:2119) Is Paying Out A Larger Dividend Than Last Year
Aug 20Tsit Wing International Holdings (HKG:2119) Is Paying Out Less In Dividends Than Last Year
Apr 04Tsit Wing International Holdings (HKG:2119) Will Pay A Smaller Dividend Than Last Year
Mar 05Tsit Wing International Holdings' (HKG:2119) Dividend Is Being Reduced To HK$0.0176
Aug 22Tsit Wing International Holdings' (HKG:2119) Dividend Is Being Reduced To HK$0.035
Apr 27Tsit Wing International Holdings' (HKG:2119) Dividend Is Being Reduced To HK$0.035
Apr 04Tsit Wing International Holdings' (HKG:2119) Dividend Will Be Reduced To HK$0.035
Mar 21Tsit Wing International Holdings' (HKG:2119) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 22Does Tsit Wing International Holdings (HKG:2119) Have A Healthy Balance Sheet?
May 16Estimating The Intrinsic Value Of Tsit Wing International Holdings Limited (HKG:2119)
Apr 16Is Tsit Wing International Holdings Limited (HKG:2119) The Right Choice For A Smart Dividend Investor?
Apr 01Can You Imagine How Tsit Wing International Holdings' (HKG:2119) Shareholders Feel About The 13% Share Price Increase?
Mar 17Will Tsit Wing International Holdings (HKG:2119) Multiply In Value Going Forward?
Mar 02Tsit Wing International Holdings Limited's (HKG:2119) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Feb 09Should You Investigate Tsit Wing International Holdings Limited (HKG:2119) At HK$1.05?
Jan 19
Insider Buying: The Tsit Wing International Holdings Limited (HKG:2119) Chairman & CEO Just Bought 7.5% More Shares
Dec 29Should Tsit Wing International Holdings Limited (HKG:2119) Be Part Of Your Dividend Portfolio?
Dec 15Here's What To Make Of Tsit Wing International Holdings' (HKG:2119) Returns On Capital
Nov 24Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2119 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2119 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Tsit Wing International Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2119) | 7.5% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Food) | 4.8% |
| Analyst forecast in 3 Years (2119) | n/a |
Notable Dividend: 2119's dividend (7.52%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2119's dividend (7.52%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.1%), 2119's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.7%), 2119's dividend payments are well covered by cash flows.