Oiltek International Dividend
Dividend criteria checks 3/6
Oiltek International is a dividend paying company with a current yield of 5.17% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
5.2%
Dividend yield
42%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 06 May 24 |
| Dividend per share | n/a |
| Earnings per share | S$0.13 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether HQU's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if HQU's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Oiltek International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HQU) | 5.2% |
| Market Bottom 25% (SG) | 2.8% |
| Market Top 25% (SG) | 6.2% |
| Industry Average (Construction) | 4.4% |
| Analyst forecast in 3 Years (HQU) | n/a |
Notable Dividend: HQU's dividend (5.17%) is higher than the bottom 25% of dividend payers in the SG market (2.77%).
High Dividend: HQU's dividend (5.17%) is low compared to the top 25% of dividend payers in the SG market (6.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.9%), HQU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.7%), HQU's dividend payments are thoroughly covered by cash flows.