Hong Kong Exchanges and Clearing Dividends and Buybacks
Dividend criteria checks 3/6
Hong Kong Exchanges and Clearing is a dividend paying company with a current yield of 3.26% that is well covered by earnings.
Key information
3.3%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$8.410 |
| Payout ratio | 90% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 388 N's dividend payments have been volatile in the past 10 years.
Growing Dividend: 388 N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hong Kong Exchanges and Clearing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (388 N) | 3.3% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Capital Markets) | 5.5% |
| Analyst forecast (388 N) (up to 3 years) | 3.8% |
Notable Dividend: 388 N's dividend (3.26%) is higher than the bottom 25% of dividend payers in the MX market (2.21%).
High Dividend: 388 N's dividend (3.26%) is low compared to the top 25% of dividend payers in the MX market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.7%), 388 N's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (105.1%), 388 N's dividend payments are not well covered by cash flows.