Kangji Medical Holdings Dividend
Dividend criteria checks 1/6
Kangji Medical Holdings is a dividend paying company with a current yield of 6.12%. Next payment date is on 18th July, 2024 with an ex-dividend date of 29th May, 2024.
Key information
6.1%
Dividend yield
95%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 18 Jul 24 |
| Ex dividend date | 29 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.41 |
| Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9997 has been paying a dividend for less than 10 years.
Growing Dividend: 9997's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Kangji Medical Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9997) | 6.1% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Medical Equipment) | 3.1% |
| Analyst forecast in 3 Years (9997) | 5.1% |
Notable Dividend: 9997's dividend (6.12%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.29%).
High Dividend: 9997's dividend (6.12%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95.2%), 9997's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (149.8%), 9997's dividend payments are not well covered by cash flows.