Flat Glass Group Dividends and Buybacks
Dividend criteria checks 2/6
Flat Glass Group is a dividend paying company with a current yield of 6.38% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
6.4%
Dividend yield
-0.004%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | -12.7% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | HK$0.824 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6865 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6865's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Flat Glass Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6865) | 6.4% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Semiconductor) | 3.6% |
| Analyst forecast (6865) (up to 3 years) | 3.5% |
Notable Dividend: 6865's dividend (6.38%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.26%).
High Dividend: 6865's dividend (6.38%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.6%), 6865's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6865 is paying a dividend but the company has no free cash flows.