PAX Global Technology Dividend
Dividend criteria checks 2/6
PAX Global Technology is a dividend paying company with a current yield of 7.18% that is well covered by earnings. Next payment date is on 27th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
7.2%
Dividend yield
41%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 27 Jun 24 |
| Ex dividend date | 03 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$1.08 |
| Dividend yield forecast in 3Y | 10.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 327 has been paying a dividend for less than 10 years.
Growing Dividend: 327's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| PAX Global Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (327) | 7.2% |
| Market Bottom 25% (HK) | 3.1% |
| Market Top 25% (HK) | 7.4% |
| Industry Average (Electronic) | 3.0% |
| Analyst forecast in 3 Years (327) | 10.8% |
Notable Dividend: 327's dividend (7.18%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.07%).
High Dividend: 327's dividend (7.18%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.9%), 327's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (178%), 327's dividend payments are not well covered by cash flows.