WH Group is a dividend paying company with a current yield of 5.24% that is well covered by earnings. Next payment date is on 30th May, 2024 with an ex-dividend date of 14th May, 2024.
Key information
5.2%
Dividend yield
78%
Payout ratio
Industry average yield
4.8%
Next dividend pay date
30 May 24
Ex dividend date
14 May 24
Dividend per share
n/a
Earnings per share
HK$0.044
Dividend yield forecast in 3Y
5.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 288 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 288's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
WH Group Dividend Yield vs Market
How does 288 dividend yield compare to the market?
Segment
Dividend Yield
Company (288)
5.2%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
8.0%
Industry Average (Food)
4.8%
Analyst forecast in 3 Years (288)
5.7%
Notable Dividend: 288's dividend (5.24%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 288's dividend (5.24%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.3%), 288's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.3%), 288's dividend payments are covered by cash flows.