NetDragon Websoft Holdings Dividend
Dividend criteria checks 4/6
NetDragon Websoft Holdings is a dividend paying company with a current yield of 16.61% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 12th June, 2024.
Key information
16.6%
Dividend yield
71%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 26 Jul 24 |
| Ex dividend date | 12 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$1.04 |
| Dividend yield forecast in 3Y | 6.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 777's dividend payments have been volatile in the past 10 years.
Growing Dividend: 777's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NetDragon Websoft Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (777) | 16.6% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.3% |
| Industry Average (Entertainment) | 3.4% |
| Analyst forecast in 3 Years (777) | 6.5% |
Notable Dividend: 777's dividend (16.61%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.45%).
High Dividend: 777's dividend (16.61%) is in the top 25% of dividend payers in the Hong Kong market (8.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.5%), 777's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (121.4%), 777's dividend payments are not well covered by cash flows.