New Century Healthcare Holding Dividend
Dividend criteria checks 2/6
New Century Healthcare Holding is a dividend paying company with a current yield of 4.77% that is well covered by earnings. Next payment date is on 2nd July, 2024 with an ex-dividend date of 29th May, 2024.
Key information
4.8%
Dividend yield
20%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 02 Jul 24 |
| Ex dividend date | 29 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.17 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
New Century Healthcare Holding (HKG:1518) Shareholders Will Want The ROCE Trajectory To Continue
Feb 16
New Century Healthcare Holding Co. Limited's (HKG:1518) Business And Shares Still Trailing The Industry
Jan 04The Return Trends At New Century Healthcare Holding (HKG:1518) Look Promising
Sep 03We're Not Worried About New Century Healthcare Holding's (HKG:1518) Cash Burn
Mar 23We're Interested To See How New Century Healthcare Holding (HKG:1518) Uses Its Cash Hoard To Grow
Nov 23We're Hopeful That New Century Healthcare Holding (HKG:1518) Will Use Its Cash Wisely
Jul 20New Century Healthcare Holding (HKG:1518) Is In A Good Position To Deliver On Growth Plans
Apr 02What You Need To Know About New Century Healthcare Holding Co. Limited's (HKG:1518) Investor Composition
Feb 24Are Insiders Buying New Century Healthcare Holding Co. Limited (HKG:1518) Stock?
Jan 19
How Does New Century Healthcare Holding's (HKG:1518) CEO Pay Compare With Company Performance?
Dec 15Is New Century Healthcare Holding Co. Limited's (HKG:1518) Shareholder Ownership Skewed Towards Insiders?
Nov 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1518 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1518 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| New Century Healthcare Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1518) | 4.8% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Healthcare) | 3.8% |
| Analyst forecast in 3 Years (1518) | n/a |
Notable Dividend: 1518's dividend (4.77%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1518's dividend (4.77%) 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 low payout ratio (19.7%), 1518's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 1518's cash payout ratio to determine if its dividend payments are covered by cash flows.