Gala Technology Holding Dividend
Dividend criteria checks 3/6
Gala Technology Holding is a dividend paying company with a current yield of 4.25% that is well covered by earnings.
Key information
4.2%
Dividend yield
35%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.54 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2458's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2458's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Gala Technology Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2458) | 4.2% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Entertainment) | 3.2% |
| Analyst forecast in 3 Years (2458) | n/a |
Notable Dividend: 2458's dividend (4.25%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2458's dividend (4.25%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), 2458's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.7%), 2458's dividend payments are well covered by cash flows.