Nongfu Spring is a dividend paying company with a current yield of 1.76% that is well covered by earnings. Next payment date is on 28th August, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
1.8%
Dividend yield
70%
Payout ratio
Industry average yield
2.3%
Next dividend pay date
28 Aug 24
Ex dividend date
23 May 24
Dividend per share
n/a
Earnings per share
HK$1.07
Dividend yield forecast in 3Y
2.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9633 has been paying a dividend for less than 10 years.
Growing Dividend: 9633's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Nongfu Spring Dividend Yield vs Market
How does 9633 dividend yield compare to the market?
Segment
Dividend Yield
Company (9633)
1.8%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
7.8%
Industry Average (Beverage)
2.3%
Analyst forecast in 3 Years (9633)
2.6%
Notable Dividend: 9633's dividend (1.76%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 9633's dividend (1.76%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.83%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.8%), 9633's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.1%), 9633's dividend payments are covered by cash flows.