PAX Global Technology is a dividend paying company with a current yield of 7.3% 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
7.3%
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
11.0%
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
How does 327 dividend yield compare to the market?
Segment
Dividend Yield
Company (327)
7.3%
Market Bottom 25% (HK)
3.0%
Market Top 25% (HK)
7.4%
Industry Average (Electronic)
3.0%
Analyst forecast in 3 Years (327)
11.0%
Notable Dividend: 327's dividend (7.3%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.05%).
High Dividend: 327's dividend (7.3%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.37%).
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.