New Hope Service Holdings Dividend
Dividend criteria checks 4/6
New Hope Service Holdings is a dividend paying company with a current yield of 11.99% that is well covered by earnings. Next payment date is on 30th May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
12.0%
Dividend yield
60%
Payout ratio
| Industry average yield | 5.7% |
| Next dividend pay date | 30 May 24 |
| Ex dividend date | 16 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.26 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3658 has been paying a dividend for less than 10 years.
Growing Dividend: 3658's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| New Hope Service Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3658) | 12.0% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Real Estate) | 5.7% |
| Analyst forecast in 3 Years (3658) | n/a |
Notable Dividend: 3658's dividend (11.99%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 3658's dividend (11.99%) is in the top 25% of dividend payers in the Hong Kong market (8.02%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.8%), 3658's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49%), 3658's dividend payments are well covered by cash flows.