Precious Dragon Technology Holdings Dividend
Dividend criteria checks 2/6
Precious Dragon Technology Holdings is a dividend paying company with a current yield of 2.64% that is well covered by earnings. Next payment date is on 29th October, 2024 with an ex-dividend date of 3rd September, 2024.
Key information
2.6%
Dividend yield
22%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | 29 Oct 24 |
| Ex dividend date | 03 Sep 24 |
| Dividend per share | HK$0.0506 |
| Earnings per share | HK$0.23 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Precious Dragon Technology Holdings (HKG:1861) Is Paying Out Less In Dividends Than Last Year
Aug 26
Precious Dragon Technology Holdings' (HKG:1861) Dividend Will Be Increased To HK$0.0364
Apr 25Precious Dragon Technology Holdings' (HKG:1861) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 20Precious Dragon Technology Holdings (HKG:1861) Is Increasing Its Dividend To HK$0.0172
Aug 28Recent updates
Precious Dragon Technology Holdings (HKG:1861) Is Paying Out Less In Dividends Than Last Year
Aug 26What Precious Dragon Technology Holdings Limited's (HKG:1861) 27% Share Price Gain Is Not Telling You
Aug 19Returns On Capital At Precious Dragon Technology Holdings (HKG:1861) Have Hit The Brakes
Aug 01Precious Dragon Technology Holdings' (HKG:1861) Dividend Will Be Increased To HK$0.0364
Apr 25Precious Dragon Technology Holdings' (HKG:1861) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 20Lacklustre Performance Is Driving Precious Dragon Technology Holdings Limited's (HKG:1861) 28% Price Drop
Jan 29The Trend Of High Returns At Precious Dragon Technology Holdings (HKG:1861) Has Us Very Interested
Nov 15Precious Dragon Technology Holdings (HKG:1861) Seems To Use Debt Rather Sparingly
Oct 19Precious Dragon Technology Holdings (HKG:1861) Is Increasing Its Dividend To HK$0.0172
Aug 28Precious Dragon Technology Holdings' (HKG:1861) Returns Have Hit A Wall
Aug 02Precious Dragon Technology Holdings' (HKG:1861) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 04Precious Dragon Technology Holdings (HKG:1861) Is Reinvesting At Lower Rates Of Return
Feb 17Precious Dragon Technology Holdings (HKG:1861) Will Be Hoping To Turn Its Returns On Capital Around
Nov 07Is Precious Dragon Technology Holdings (HKG:1861) A Risky Investment?
Oct 05Precious Dragon Technology Holdings (HKG:1861) Will Pay A Larger Dividend Than Last Year At HK$0.0083
Aug 29Precious Dragon Technology Holdings (HKG:1861) May Have Issues Allocating Its Capital
May 17Precious Dragon Technology Holdings (HKG:1861) Might Be Having Difficulty Using Its Capital Effectively
Dec 07Precious Dragon Technology Holdings (HKG:1861) Is Paying Out Less In Dividends Than Last Year
Aug 25We Think Precious Dragon Technology Holdings (HKG:1861) Can Stay On Top Of Its Debt
May 06Is Now The Time To Put Precious Dragon Technology Holdings (HKG:1861) On Your Watchlist?
Apr 21Is Precious Dragon Technology Holdings Limited (HKG:1861) An Attractive Dividend Stock?
Mar 19Here's What Precious Dragon Technology Holdings Limited's (HKG:1861) Shareholder Ownership Structure Looks Like
Feb 26Can Precious Dragon Technology Holdings (HKG:1861) Keep Up These Impressive Returns?
Feb 05
Does Precious Dragon Technology Holdings (HKG:1861) Deserve A Spot On Your Watchlist?
Jan 19Precious Dragon Technology Holdings (HKG:1861) Shareholders Have Enjoyed A 21% Share Price Gain
Jan 01Precious Dragon Technology Holdings Limited's (HKG:1861) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Dec 14Three Things You Should Check Before Buying Precious Dragon Technology Holdings Limited (HKG:1861) For Its Dividend
Nov 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1861 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1861's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Precious Dragon Technology Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1861) | 2.6% |
| Market Bottom 25% (HK) | 3.6% |
| Market Top 25% (HK) | 8.4% |
| Industry Average (Chemicals) | 5.6% |
| Analyst forecast in 3 Years (1861) | n/a |
Notable Dividend: 1861's dividend (2.64%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.55%).
High Dividend: 1861's dividend (2.64%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.9%), 1861's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.5%), 1861's dividend payments are well covered by cash flows.