Arts Optical International Holdings Dividend
Dividend criteria checks 2/6
Arts Optical International Holdings is a dividend paying company with a current yield of 6.02% 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
38%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 11 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.13 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Does Arts Optical International Holdings (HKG:1120) Have A Healthy Balance Sheet?
Dec 16
Investors Shouldn't Be Too Comfortable With Arts Optical International Holdings' (HKG:1120) Robust Earnings
Sep 22There's Been No Shortage Of Growth Recently For Arts Optical International Holdings' (HKG:1120) Returns On Capital
Aug 06Health Check: How Prudently Does Arts Optical International Holdings (HKG:1120) Use Debt?
Mar 30How Much Are Arts Optical International Holdings Limited (HKG:1120) Insiders Spending On Buying Shares?
Dec 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1120's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1120's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Arts Optical International Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1120) | 6.0% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Medical Equipment) | 3.0% |
| Analyst forecast in 3 Years (1120) | n/a |
Notable Dividend: 1120's dividend (6.02%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 1120's dividend (6.02%) 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 reasonably low payout ratio (37.6%), 1120's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1120 is paying a dividend but the company has no free cash flows.