HK Electric Investments and HK Electric Investments Dividend
Dividend criteria checks 2/6
HK Electric Investments and HK Electric Investments is a dividend paying company with a current yield of 5.88%. Next payment date is on 6th September, 2024 with an ex-dividend date of 27th August, 2024.
Key information
5.9%
Dividend yield
91%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | 06 Sep 24 |
Ex dividend date | 27 Aug 24 |
Dividend per share | HK$0.320 |
Earnings per share | HK$0.35 |
Dividend yield forecast in 3Y | 6.0% |
Recent dividend updates
HK Electric Investments and HK Electric Investments (HKG:2638) Has Announced A Dividend Of HK$0.1594
Aug 17HK Electric Investments and HK Electric Investments' (HKG:2638) Dividend Will Be HK$0.1609
Mar 16Recent updates
HK 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 05Return Trends At HK Electric Investments and HK Electric Investments (HKG:2638) Aren't Appealing
Nov 15Does HK Electric Investments and HK Electric Investments (HKG:2638) Have A Healthy Balance Sheet?
Oct 25A Look At The Fair Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Oct 03Returns At HK Electric Investments and HK Electric Investments (HKG:2638) Appear To Be Weighed Down
Aug 02A Look At The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jun 13Some Investors May Be Worried About HK Electric Investments and HK Electric Investments' (HKG:2638) Returns On Capital
May 04HK Electric Investments and HK Electric Investments' (HKG:2638) Dividend Will Be HK$0.1609
Mar 16Here's Why HK Electric Investments and HK Electric Investments (HKG:2638) Is Weighed Down By Its Debt Load
Mar 15Is HK Electric Investments and HK Electric Investments Limited (HKG:2638) Worth HK$5.4 Based On Its Intrinsic Value?
Feb 10HK Electric Investments and HK Electric Investments (HKG:2638) Has Some Way To Go To Become A Multi-Bagger
Dec 06These 4 Measures Indicate That HK Electric Investments and HK Electric Investments (HKG:2638) Is Using Debt Extensively
Nov 18Estimating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Oct 30Here's What To Make Of HK Electric Investments and HK Electric Investments' (HKG:2638) Decelerating Rates Of Return
Aug 26HK Electric Investments and HK Electric Investments (HKG:2638) Takes On Some Risk With Its Use Of Debt
Aug 05Return Trends At HK Electric Investments and HK Electric Investments (HKG:2638) Aren't Appealing
May 26Is HK Electric Investments and HK Electric Investments (HKG:2638) A Risky Investment?
May 04HK Electric Investments and HK Electric Investments' (HKG:2638) Solid Earnings Have Been Accounted For Conservatively
Apr 13HK Electric Investments and HK Electric Investments (HKG:2638) Has Announced A Dividend Of HK$0.16
Mar 22Here's What's Concerning About HK Electric Investments and HK Electric Investments' (HKG:2638) Returns On Capital
Feb 08Estimating The Intrinsic Value Of HK Electric Investments and HK Electric Investments Limited (HKG:2638)
Jan 18Investors Could Be Concerned With HK Electric Investments and HK Electric Investments' (HKG:2638) Returns On Capital
Oct 11We Think HK Electric Investments and HK Electric Investments (HKG:2638) Is Taking Some Risk With Its Debt
Sep 15HK Electric Investments and HK Electric Investments' (HKG:2638) Dividend Will Be HK$0.16
Aug 05HK Electric Investments and HK Electric Investments (HKG:2638) Has More To Do To Multiply In Value Going Forward
Jun 11Are Dividend Investors Making A Mistake With HK Electric Investments and HK Electric Investments Limited (HKG:2638)?
Apr 30Here's Why HK Electric Investments and HK Electric Investments (HKG:2638) Has A Meaningful Debt Burden
Mar 18Should You Be Impressed By HK Electric Investments and HK Electric Investments' (HKG:2638) Returns on Capital?
Mar 01Shareholders Of HK Electric Investments and HK Electric Investments (HKG:2638) Must Be Happy With Their 60% Return
Jan 25Does It Make Sense To Buy HK Electric Investments and HK Electric Investments Limited (HKG:2638) For Its Yield?
Dec 27We Think HK Electric Investments and HK Electric Investments (HKG:2638) Is Taking Some Risk With Its Debt
Dec 12Is HK Electric Investments and HK Electric Investments Limited's (HKG:2638) Stock On A Downtrend As A Result Of Its Poor Financials?
Nov 26Upcoming Dividend Payment
Stability 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) | 5.9% |
Market Bottom 25% (HK) | 3.5% |
Market Top 25% (HK) | 8.2% |
Industry Average (Electric Utilities) | 4.8% |
Analyst forecast in 3 Years (2638) | 6.0% |
Notable Dividend: 2638's dividend (5.88%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.5%).
High Dividend: 2638's dividend (5.88%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.2%).
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 (74.6%), 2638's dividend payments are covered by cash flows.