WEILONG Delicious Global Holdings Dividend
Dividend criteria checks 3/6
WEILONG Delicious Global Holdings is a dividend paying company with a current yield of 5.99% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 11th June, 2024.
Key information
6.0%
Dividend yield
58%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 11 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.37 |
| Dividend yield forecast in 3Y | 7.3% |
Recent dividend updates
Recent updates
WEILONG Delicious Global Holdings Ltd's (HKG:9985) Share Price Not Quite Adding Up
Apr 17
We Like WEILONG Delicious Global Holdings' (HKG:9985) Earnings For More Than Just Statutory Profit
Sep 21The Price Is Right For WEILONG Delicious Global Holdings Ltd (HKG:9985)
Jul 20WEILONG Delicious Global Holdings Ltd (HKG:9985) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jun 15Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 9985's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9985's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| WEILONG Delicious Global Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9985) | 6.0% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Food) | 5.1% |
| Analyst forecast in 3 Years (9985) | 7.3% |
Notable Dividend: 9985's dividend (5.99%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.29%).
High Dividend: 9985's dividend (5.99%) 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 reasonable payout ratio (57.7%), 9985's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.5%), 9985's dividend payments are covered by cash flows.