World-Link Logistics (Asia) Holding Dividend
What is World-Link Logistics (Asia) Holding current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
9.64%
Current Dividend Yield
Dividend Yield vs Market
| World-Link Logistics (Asia) Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6083) | 9.6% |
| Market Bottom 25% (HK) | 2.7% |
| Market Top 25% (HK) | 8.2% |
| Industry Average (Logistics) | 7.1% |
| Analyst forecast in 3 Years (6083) | n/a |
Notable Dividend: 6083's dividend (9.64%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.72%).
High Dividend: 6083's dividend (9.64%) is in the top 25% of dividend payers in the Hong Kong market (8.18%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/17/2023 | 0.04 | 9.64 |
| 9/15/2022 | 0.04 | 10.68 |
| 8/25/2022 | 0.04 | 10.76 |
| 4/22/2022 | 0.05 | 13.07 |
| 3/24/2022 | 0.05 | 13.4 |
| 9/17/2021 | 0.045 | 10.84 |
| 8/30/2021 | 0.045 | 8.54 |
| 11/27/2020 | 0.035 | 7.83 |
| 5/14/2020 | 0.025 | 5.53 |
| 4/29/2019 | 0.01 | 1.75 |
| 3/25/2019 | 0.03 | 3.65 |
| 4/19/2018 | 0.01 | 1.11 |
| 3/22/2018 | 0.01 | 0.84 |
Stable Dividend: 6083 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6083's dividend payments have increased, but the company has only paid a dividend for 5 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.5%), 6083's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.8%), 6083's dividend payments are well covered by cash flows.