New Media Lab Dividend
Dividend criteria checks 3/6
New Media Lab is a dividend paying company with a current yield of 7.16% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 6th September, 2024.
Key information
7.2%
Dividend yield
41%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | 27 Sep 24 |
| Ex dividend date | 06 Sep 24 |
| Dividend per share | HK$0.024 |
| Earnings per share | HK$0.03 |
| Dividend yield forecast | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 1284's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 1284's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| New Media Lab Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1284) | 7.2% |
| Market Bottom 25% (HK) | 3.5% |
| Market Top 25% (HK) | 8.3% |
| Industry Average (Media) | 5.9% |
| Analyst forecast (1284) (up to 3 years) | n/a |
Notable Dividend: 1284's dividend (7.16%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.46%).
High Dividend: 1284's dividend (7.16%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.8%), 1284's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.6%), 1284's dividend payments are well covered by cash flows.