Tian Lun Gas Holdings Dividends and Buybacks
Dividend criteria checks 3/6
Tian Lun Gas Holdings is a dividend paying company with a current yield of 5.78% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 24th October, 2024.
Key information
5.9%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | 5.9% |
| Dividend Growth | 17.1% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 24 Oct 24 |
| Dividend per share | HK$0.191 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1600 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1600's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Tian Lun Gas Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1600) | 5.9% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Gas Utilities) | 5.5% |
| Analyst forecast (1600) (up to 3 years) | 5.9% |
Notable Dividend: 1600's dividend (5.78%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 1600's dividend (5.78%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.6%), 1600's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.7%), 1600's dividend payments are well covered by cash flows.