Medlive Technology is a dividend paying company with a current yield of 3.1% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 28th May, 2024.
Key information
3.1%
Dividend yield
69%
Payout ratio
Industry average yield
1.1%
Next dividend pay date
24 Jun 24
Ex dividend date
28 May 24
Dividend per share
n/a
Earnings per share
HK$0.33
Dividend yield forecast in 3Y
2.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2192 has been paying a dividend for less than 10 years.
Growing Dividend: 2192's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Medlive Technology Dividend Yield vs Market
How does 2192 dividend yield compare to the market?
Segment
Dividend Yield
Company (2192)
3.1%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
8.0%
Industry Average (Healthcare Services)
1.1%
Analyst forecast in 3 Years (2192)
2.0%
Notable Dividend: 2192's dividend (3.1%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 2192's dividend (3.1%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69%), 2192's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (261.7%), 2192's dividend payments are not well covered by cash flows.