Xingfa Aluminium Holdings Limited

SEHK:98 Stock Report

Market Cap: HK$3.2b

Xingfa Aluminium Holdings Dividend

Dividend criteria checks 5/6

Xingfa Aluminium Holdings is a dividend paying company with a current yield of 8.38% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 3rd June, 2024.

Key information

8.4%

Dividend yield

30%

Payout ratio

Industry average yield2.2%
Next dividend pay date24 Jun 24
Ex dividend date03 Jun 24
Dividend per sharen/a
Earnings per shareHK$1.91
Dividend yield forecast in 3Y8.4%

Recent dividend updates

Xingfa Aluminium Holdings (HKG:98) Will Pay A Larger Dividend Than Last Year At HK$0.80

May 05
Xingfa Aluminium Holdings (HKG:98) Will Pay A Larger Dividend Than Last Year At HK$0.80

Xingfa Aluminium Holdings (HKG:98) Has Announced That It Will Be Increasing Its Dividend To HK$0.80

Apr 21
Xingfa Aluminium Holdings (HKG:98) Has Announced That It Will Be Increasing Its Dividend To HK$0.80

Xingfa Aluminium Holdings' (HKG:98) Dividend Will Be Increased To HK$0.80

Apr 07
Xingfa Aluminium Holdings' (HKG:98) Dividend Will Be Increased To HK$0.80

Recent updates

Xingfa Aluminium Holdings Limited's (HKG:98) Popularity With Investors Is Under Threat From Overpricing

Mar 19
Xingfa Aluminium Holdings Limited's (HKG:98) Popularity With Investors Is Under Threat From Overpricing

Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?

Sep 28
Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?

Xingfa Aluminium Holdings (HKG:98) Has A Pretty Healthy Balance Sheet

Sep 26
Xingfa Aluminium Holdings (HKG:98) Has A Pretty Healthy Balance Sheet

Here's Why We Think Xingfa Aluminium Holdings (HKG:98) Might Deserve Your Attention Today

Jul 28
Here's Why We Think Xingfa Aluminium Holdings (HKG:98) Might Deserve Your Attention Today

These 4 Measures Indicate That Xingfa Aluminium Holdings (HKG:98) Is Using Debt Reasonably Well

Jun 02
These 4 Measures Indicate That Xingfa Aluminium Holdings (HKG:98) Is Using Debt Reasonably Well

Xingfa Aluminium Holdings (HKG:98) Will Pay A Larger Dividend Than Last Year At HK$0.80

May 05
Xingfa Aluminium Holdings (HKG:98) Will Pay A Larger Dividend Than Last Year At HK$0.80

Xingfa Aluminium Holdings (HKG:98) Has Announced That It Will Be Increasing Its Dividend To HK$0.80

Apr 21
Xingfa Aluminium Holdings (HKG:98) Has Announced That It Will Be Increasing Its Dividend To HK$0.80

Xingfa Aluminium Holdings' (HKG:98) Dividend Will Be Increased To HK$0.80

Apr 07
Xingfa Aluminium Holdings' (HKG:98) Dividend Will Be Increased To HK$0.80

Why You Should Care About Xingfa Aluminium Holdings' (HKG:98) Strong Returns On Capital

Nov 05
Why You Should Care About Xingfa Aluminium Holdings' (HKG:98) Strong Returns On Capital

Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?

Oct 04
Is Xingfa Aluminium Holdings (HKG:98) A Risky Investment?

Here's Why I Think Xingfa Aluminium Holdings (HKG:98) Is An Interesting Stock

Jun 10
Here's Why I Think Xingfa Aluminium Holdings (HKG:98) Is An Interesting Stock

We Take A Look At Why Xingfa Aluminium Holdings Limited's (HKG:98) CEO Has Earned Their Pay Packet

May 20
We Take A Look At Why Xingfa Aluminium Holdings Limited's (HKG:98) CEO Has Earned Their Pay Packet

The Market Lifts Xingfa Aluminium Holdings Limited (HKG:98) Shares 27% But It Can Do More

Apr 13
The Market Lifts Xingfa Aluminium Holdings Limited (HKG:98) Shares 27% But It Can Do More

Shareholders Are Loving Xingfa Aluminium Holdings Limited's (HKG:98) 3.8% Yield

Mar 08
Shareholders Are Loving Xingfa Aluminium Holdings Limited's (HKG:98) 3.8% Yield

Upcoming Dividend Payment

TodayMay 01 2024Ex Dividend DateJun 03 2024Dividend Pay DateJun 24 202421 days from Ex DividendBuy in the next 33 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 98's dividend payments have been volatile in the past 10 years.

Growing Dividend: 98's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Xingfa Aluminium Holdings Dividend Yield vs Market
How does 98 dividend yield compare to the market?
SegmentDividend Yield
Company (98)8.4%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)8.0%
Industry Average (Metals and Mining)2.2%
Analyst forecast in 3 Years (98)8.4%

Notable Dividend: 98's dividend (8.38%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).

High Dividend: 98's dividend (8.38%) is in the top 25% of dividend payers in the Hong Kong market (8.02%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.4%), 98's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (51.1%), 98's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.