OrbusNeich Medical Group Holdings Dividend
Dividend criteria checks 2/6
OrbusNeich Medical Group Holdings is a dividend paying company with a current yield of 2.66% that is well covered by earnings.
Key information
2.7%
Dividend yield
24%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.054 |
| Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent updates
OrbusNeich Medical Group Holdings' (HKG:6929) Earnings Are Weaker Than They Seem
Apr 25
Some Confidence Is Lacking In OrbusNeich Medical Group Holdings Limited (HKG:6929) As Shares Slide 26%
Mar 13Returns At OrbusNeich Medical Group Holdings (HKG:6929) Appear To Be Weighed Down
Feb 04A Look At The Intrinsic Value Of OrbusNeich Medical Group Holdings Limited (HKG:6929)
Oct 20Some OrbusNeich Medical Group Holdings Limited (HKG:6929) Shareholders Look For Exit As Shares Take 28% Pounding
Jun 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 6929's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 6929's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| OrbusNeich Medical Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6929) | 2.7% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Medical Equipment) | 3.1% |
| Analyst forecast in 3 Years (6929) | 4.6% |
Notable Dividend: 6929's dividend (2.66%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 6929's dividend (2.66%) 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 (23.5%), 6929's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62%), 6929's dividend payments are covered by cash flows.