Tsaker New Energy Tech Co., Limited

SEHK:1986 Stock Report

Market Cap: HK$803.7m

Tsaker New Energy Tech Dividend

Dividend criteria checks 2/6

Tsaker New Energy Tech is a dividend paying company with a current yield of 8.93%. Next payment date is on 28th June, 2024 with an ex-dividend date of 20th May, 2024.

Key information

8.9%

Dividend yield

233%

Payout ratio

Industry average yield5.1%
Next dividend pay date28 Jun 24
Ex dividend date20 May 24
Dividend per sharen/a
Earnings per shareHK$0.029
Dividend yield forecast in 3Yn/a

Recent dividend updates

Tsaker New Energy Tech (HKG:1986) Has Announced That Its Dividend Will Be Reduced To CN¥0.032

Aug 25
Tsaker New Energy Tech (HKG:1986) Has Announced That Its Dividend Will Be Reduced To CN¥0.032

Recent updates

Tsaker New Energy Tech's (HKG:1986) Soft Earnings Are Actually Better Than They Appear

Mar 25
Tsaker New Energy Tech's (HKG:1986) Soft Earnings Are Actually Better Than They Appear

Tsaker New Energy Tech Co., Limited's (HKG:1986) Price Is Right But Growth Is Lacking

Feb 29
Tsaker New Energy Tech Co., Limited's (HKG:1986) Price Is Right But Growth Is Lacking

Capital Allocation Trends At Tsaker New Energy Tech (HKG:1986) Aren't Ideal

Jan 24
Capital Allocation Trends At Tsaker New Energy Tech (HKG:1986) Aren't Ideal

Tsaker New Energy Tech (HKG:1986) Has Announced That Its Dividend Will Be Reduced To CN¥0.032

Aug 25
Tsaker New Energy Tech (HKG:1986) Has Announced That Its Dividend Will Be Reduced To CN¥0.032

These 4 Measures Indicate That Tsaker New Energy Tech (HKG:1986) Is Using Debt Reasonably Well

Oct 28
These 4 Measures Indicate That Tsaker New Energy Tech (HKG:1986) Is Using Debt Reasonably Well

Tsaker New Energy Tech's (HKG:1986) Dividend Is Being Reduced To CN¥0.042

Sep 04
Tsaker New Energy Tech's (HKG:1986) Dividend Is Being Reduced To CN¥0.042

The Return Trends At Tsaker Chemical Group (HKG:1986) Look Promising

Jul 08
The Return Trends At Tsaker Chemical Group (HKG:1986) Look Promising

Tsaker Chemical Group (HKG:1986) Seems To Use Debt Rather Sparingly

Jun 21
Tsaker Chemical Group (HKG:1986) Seems To Use Debt Rather Sparingly

Tsaker Chemical Group (HKG:1986) Has Announced That Its Dividend Will Be Reduced To HK$0.047

Aug 22
Tsaker Chemical Group (HKG:1986) Has Announced That Its Dividend Will Be Reduced To HK$0.047

The Returns At Tsaker Chemical Group (HKG:1986) Aren't Growing

May 10
The Returns At Tsaker Chemical Group (HKG:1986) Aren't Growing

Is Tsaker Chemical Group (HKG:1986) Using Too Much Debt?

Mar 29
Is Tsaker Chemical Group (HKG:1986) Using Too Much Debt?

How Much Of Tsaker Chemical Group Limited (HKG:1986) Do Insiders Own?

Mar 08
How Much Of Tsaker Chemical Group Limited (HKG:1986) Do Insiders Own?

Is Tsaker Chemical Group Limited (HKG:1986) An Attractive Dividend Stock?

Feb 15
Is Tsaker Chemical Group Limited (HKG:1986) An Attractive Dividend Stock?

Our Take On The Returns On Capital At Tsaker Chemical Group (HKG:1986)

Jan 31
Our Take On The Returns On Capital At Tsaker Chemical Group (HKG:1986)

Would Shareholders Who Purchased Tsaker Chemical Group's (HKG:1986) Stock Three Years Be Happy With The Share price Today?

Jan 16
Would Shareholders Who Purchased Tsaker Chemical Group's (HKG:1986) Stock Three Years Be Happy With The Share price Today?

A Look At The Fair Value Of Tsaker Chemical Group Limited (HKG:1986)

Jan 01
A Look At The Fair Value Of Tsaker Chemical Group Limited (HKG:1986)

Does Tsaker Chemical Group (HKG:1986) Have A Healthy Balance Sheet?

Dec 17
Does Tsaker Chemical Group (HKG:1986) Have A Healthy Balance Sheet?

How Much Of Tsaker Chemical Group Limited (HKG:1986) Do Insiders Own?

Dec 04
How Much Of Tsaker Chemical Group Limited (HKG:1986) Do Insiders Own?

Should You Use Tsaker Chemical Group's (HKG:1986) Statutory Earnings To Analyse It?

Nov 21
Should You Use Tsaker Chemical Group's (HKG:1986) Statutory Earnings To Analyse It?

Upcoming Dividend Payment

TodayMay 01 2024Ex Dividend DateMay 20 2024Dividend Pay DateJun 28 202439 days from Ex DividendBuy in the next 18 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 1986 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1986's dividend payments have increased, but the company has only paid a dividend for 8 years.


Dividend Yield vs Market

Tsaker New Energy Tech Dividend Yield vs Market
How does 1986 dividend yield compare to the market?
SegmentDividend Yield
Company (1986)8.9%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)8.0%
Industry Average (Chemicals)5.1%
Analyst forecast in 3 Years (1986)n/a

Notable Dividend: 1986's dividend (8.93%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).

High Dividend: 1986's dividend (8.93%) is in the top 25% of dividend payers in the Hong Kong market (8.02%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (232.9%), 1986's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 1986 is paying a dividend but the company has no free cash flows.


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