MEGAIN Holding (Cayman) Dividend
Dividend criteria checks 1/6
MEGAIN Holding (Cayman) is a dividend paying company with a current yield of 3.22% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
3.2%
Dividend yield
40%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.045 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
MEGAIN Holding (Cayman)'s (HKG:6939) Upcoming Dividend Will Be Larger Than Last Year's
Jun 12
MEGAIN Holding (Cayman)'s (HKG:6939) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 10Recent updates
MEGAIN Holding (Cayman) (HKG:6939) Will Want To Turn Around Its Return Trends
Jan 24Capital Allocation Trends At MEGAIN Holding (Cayman) (HKG:6939) Aren't Ideal
Aug 10MEGAIN Holding (Cayman)'s (HKG:6939) Upcoming Dividend Will Be Larger Than Last Year's
Jun 12MEGAIN Holding (Cayman) (HKG:6939) Could Be Struggling To Allocate Capital
Nov 22Investors Could Be Concerned With MEGAIN Holding (Cayman)'s (HKG:6939) Returns On Capital
Aug 11MEGAIN Holding (Cayman)'s (HKG:6939) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6939 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6939's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| MEGAIN Holding (Cayman) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6939) | 3.2% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Semiconductor) | 2.8% |
| Analyst forecast in 3 Years (6939) | n/a |
Notable Dividend: 6939's dividend (3.22%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 6939's dividend (3.22%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), 6939's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 6939's cash payout ratio to determine if its dividend payments are covered by cash flows.