Deewin Tianxia Dividend
Dividend criteria checks 3/6
Deewin Tianxia is a dividend paying company with a current yield of 3.31% that is well covered by earnings. Next payment date is on 23rd August, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
3.3%
Dividend yield
61%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | 23 Aug 24 |
| Ex dividend date | 03 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.068 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
What Deewin Tianxia Co., Ltd's (HKG:2418) P/E Is Not Telling You
Apr 17
Capital Allocation Trends At Deewin Tianxia (HKG:2418) Aren't Ideal
Dec 07The Returns On Capital At Deewin Tianxia (HKG:2418) Don't Inspire Confidence
Aug 01What Deewin Tianxia Co., Ltd's (HKG:2418) 30% Share Price Gain Is Not Telling You
Apr 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2418's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2418's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Deewin Tianxia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2418) | 3.3% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.8% |
| Industry Average (Transportation) | 4.8% |
| Analyst forecast in 3 Years (2418) | n/a |
Notable Dividend: 2418's dividend (3.31%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 2418's dividend (3.31%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.7%), 2418's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.5%), 2418's dividend payments are well covered by cash flows.