Tong Ren Tang Technologies Dividend
What is Tong Ren Tang Technologies's current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
3.11%
Current Dividend Yield
Dividend Yield vs Market
| Tong Ren Tang Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1666) | 3.1% |
| Market Bottom 25% (HK) | 2.7% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Pharmaceuticals) | 2.1% |
| Analyst forecast in 3 Years (1666) | 3.7% |
Notable Dividend: 1666's dividend (3.11%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.69%).
High Dividend: 1666's dividend (3.11%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.05%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2023 | 0.19 | 1 |
| 1/26/2023 | 0.16 | 3.11 |
| 3/18/2022 | 0.16 | 3.36 |
| 6/8/2021 | 0.16 | 3.1 |
| 6/18/2020 | 0.16 | 3.41 |
| 5/17/2019 | 0.18 | 2.69 |
| 3/29/2018 | 0.17 | 1.75 |
| 4/26/2017 | 0.16 | 1.63 |
| 6/16/2016 | 0.15 | 1.24 |
| 6/10/2015 | 0.14 | 1.41 |
| 6/17/2014 | 0.13 | 1.44 |
| 6/28/2013 | 0.13 | 1.28 |
| 4/3/2012 | 0.095 | 1.47 |
| 3/16/2012 | 0.095 | 2.31 |
Stable Dividend: 1666's dividends per share have been stable in the past 10 years.
Growing Dividend: 1666's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.2%), 1666's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.3%), 1666's dividend payments are well covered by cash flows.