Vedan International (Holdings) Dividend
Dividend criteria checks 3/6
Vedan International (Holdings) is a dividend paying company with a current yield of 6.79%. Next payment date is on 11th June, 2024 with an ex-dividend date of 24th May, 2024.
Key information
6.8%
Dividend yield
100%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | 11 Jun 24 |
| Ex dividend date | 24 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.0046 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Is Vedan International (Holdings) (HKG:2317) Using Too Much Debt?
Aug 24
Vedan International (Holdings) (HKG:2317) Has A Somewhat Strained Balance Sheet
Sep 24Calculating The Fair Value Of Vedan International (Holdings) Limited (HKG:2317)
Jul 21Returns On Capital Are Showing Encouraging Signs At Vedan International (Holdings) (HKG:2317)
May 16We Think Vedan International (Holdings) (HKG:2317) Can Manage Its Debt With Ease
Apr 19Is There More Growth In Store For Vedan International (Holdings)'s (HKG:2317) Returns On Capital?
Feb 15Does Vedan International (Holdings)'s (HKG:2317) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 19
Vedan International (Holdings) (HKG:2317) Has A Pretty Healthy Balance Sheet
Dec 24Does Vedan International (Holdings)'s (HKG:2317) CEO Salary Compare Well With Industry Peers?
Dec 06Did You Participate In Any Of Vedan International (Holdings)'s (HKG:2317) Fantastic 139% Return ?
Nov 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2317's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2317's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Vedan International (Holdings) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2317) | 6.8% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Food) | 4.8% |
| Analyst forecast in 3 Years (2317) | n/a |
Notable Dividend: 2317's dividend (6.79%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2317's dividend (6.79%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100%), 2317's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.1%), 2317's dividend payments are well covered by cash flows.