Kangqiao Service Group Dividend
Dividend criteria checks 1/6
Kangqiao Service Group is a dividend paying company with a current yield of 7.63%. Next payment date is on 10th July, 2024 with an ex-dividend date of 20th June, 2024.
Key information
7.6%
Dividend yield
96%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | 10 Jul 24 |
| Ex dividend date | 20 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.055 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2205 has been paying a dividend for less than 10 years.
Growing Dividend: 2205's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Kangqiao Service Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2205) | 7.6% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Real Estate) | 5.6% |
| Analyst forecast in 3 Years (2205) | n/a |
Notable Dividend: 2205's dividend (7.63%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 2205's dividend (7.63%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.4%), 2205's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2205 is paying a dividend but the company has no free cash flows.