Greentown Service Group Dividend
Dividend criteria checks 3/6
Greentown Service Group is a dividend paying company with a current yield of 3.85% that is well covered by earnings. Next payment date is on 11th July, 2024 with an ex-dividend date of 25th June, 2024.
Key information
3.8%
Dividend yield
72%
Payout ratio
| Industry average yield | 5.7% |
| Next dividend pay date | 11 Jul 24 |
| Ex dividend date | 25 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.19 |
| Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2869 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2869's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Greentown Service Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2869) | 3.8% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.6% |
| Industry Average (Real Estate) | 5.7% |
| Analyst forecast in 3 Years (2869) | 5.8% |
Notable Dividend: 2869's dividend (3.85%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 2869's dividend (3.85%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.2%), 2869's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.9%), 2869's dividend payments are well covered by cash flows.