Tai Sang Land Development Limited

SEHK:89 Stock Report

Market Cap: HK$609.9m

Tai Sang Land Development Dividend

Dividend criteria checks 3/6

Tai Sang Land Development is a dividend paying company with a current yield of 5.66%. Next payment date is on 18th June, 2024 with an ex-dividend date of 28th May, 2024.

Key information

5.7%

Dividend yield

-19%

Payout ratio

Industry average yield5.4%
Next dividend pay date18 Jun 24
Ex dividend date28 May 24
Dividend per sharen/a
Earnings per share-HK$0.65
Dividend yield forecast in 3Yn/a

Recent dividend updates

Tai Sang Land Development (HKG:89) Has Affirmed Its Dividend Of HK$0.06

Apr 20
Tai Sang Land Development (HKG:89) Has Affirmed Its Dividend Of HK$0.06

Tai Sang Land Development (HKG:89) Will Pay A Smaller Dividend Than Last Year

Aug 30
Tai Sang Land Development (HKG:89) Will Pay A Smaller Dividend Than Last Year

Recent updates

Tai Sang Land Development (HKG:89) Has Affirmed Its Dividend Of HK$0.06

Apr 20
Tai Sang Land Development (HKG:89) Has Affirmed Its Dividend Of HK$0.06

These 4 Measures Indicate That Tai Sang Land Development (HKG:89) Is Using Debt Extensively

Mar 28
These 4 Measures Indicate That Tai Sang Land Development (HKG:89) Is Using Debt Extensively

Tai Sang Land Development (HKG:89) Will Pay A Smaller Dividend Than Last Year

Aug 30
Tai Sang Land Development (HKG:89) Will Pay A Smaller Dividend Than Last Year

Tai Sang Land Development's (HKG:89) Dividend Will Be HK$0.10

Aug 25
Tai Sang Land Development's (HKG:89) Dividend Will Be HK$0.10

Read This Before Buying Tai Sang Land Development Limited (HKG:89) For Its Dividend

Apr 20
Read This Before Buying Tai Sang Land Development Limited (HKG:89) For Its Dividend

Tai Sang Land Development's (HKG:89) Shareholders Are Down 19% On Their Shares

Feb 23
Tai Sang Land Development's (HKG:89) Shareholders Are Down 19% On Their Shares

A Look At The Intrinsic Value Of Tai Sang Land Development Limited (HKG:89)

Jan 19
A Look At The Intrinsic Value Of Tai Sang Land Development Limited (HKG:89)

We Wouldn't Rely On Tai Sang Land Development's (HKG:89) Statutory Earnings As A Guide

Dec 30
We Wouldn't Rely On Tai Sang Land Development's (HKG:89) Statutory Earnings As A Guide

Could Tai Sang Land Development Limited (HKG:89) Have The Makings Of Another Dividend Aristocrat?

Dec 10
Could Tai Sang Land Development Limited (HKG:89) Have The Makings Of Another Dividend Aristocrat?

Reflecting on Tai Sang Land Development's (HKG:89) Share Price Returns Over The Last Three Years

Nov 25
Reflecting on Tai Sang Land Development's (HKG:89) Share Price Returns Over The Last Three Years

Upcoming Dividend Payment

TodayMay 11 2024Ex Dividend DateMay 28 2024Dividend Pay DateJun 18 202421 days from Ex DividendBuy in the next 16 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 89's dividend payments have been volatile in the past 10 years.

Growing Dividend: 89's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Tai Sang Land Development Dividend Yield vs Market
How does 89 dividend yield compare to the market?
SegmentDividend Yield
Company (89)5.7%
Market Bottom 25% (HK)3.1%
Market Top 25% (HK)7.6%
Industry Average (Real Estate)5.4%
Analyst forecast in 3 Years (89)n/a

Notable Dividend: 89's dividend (5.66%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.11%).

High Dividend: 89's dividend (5.66%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.58%).


Earnings Payout to Shareholders

Earnings Coverage: 89 is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (21.2%), 89's dividend payments are well covered by cash flows.


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