HK Electric Investments and HK Electric Investments Dividends and Buybacks
Dividend criteria checks 2/6
HK Electric Investments and HK Electric Investments is a dividend paying company with a current yield of 6.08%.
Key information
6.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.2% |
| Dividend Growth | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.320 |
| Payout ratio | 91% |
Recent dividend and buyback updates
Recent updates
Slowing Rates Of Return At HK Electric Investments and HK Electric Investments (HKG:2638) Leave Little Room For Excitement
Dec 12
HK Electric Investments and HK Electric Investments Limited's (HKG:2638) Shareholders Might Be Looking For Exit
Nov 06Here's Why HK Electric Investments and HK Electric Investments (HKG:2638) Has A Meaningful Debt Burden
Oct 15HK Electric Investments and HK Electric Investments (HKG:2638) Has Announced A Dividend Of HK$0.1594
Aug 17Risks To Shareholder Returns Are Elevated At These Prices For HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jul 19HK Electric Investments and HK Electric Investments (HKG:2638) Has More To Do To Multiply In Value Going Forward
Jun 28Calculating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
May 09Investors Met With Slowing Returns on Capital At HK Electric Investments and HK Electric Investments (HKG:2638)
Mar 05Earnings Not Telling The Story For HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jan 29Calculating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jan 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2638's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2638's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| HK Electric Investments and HK Electric Investments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2638) | 6.1% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Electric Utilities) | 5.0% |
| Analyst forecast (2638) (up to 3 years) | 6.2% |
Notable Dividend: 2638's dividend (6.08%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.23%).
High Dividend: 2638's dividend (6.08%) is low compared to the top 25% of dividend payers in the Hong Kong market (8%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.7%), 2638's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.8%), 2638's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 13:42 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HK Electric Investments and HK Electric Investments Limited is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Patrick Xu | Barclays |
| Girish Nair | BNP Paribas Securities (Asia) |
| Jun Liu | China International Capital Corporation Limited |