Hong Leong Asia Dividend
Dividend criteria checks 3/6
Hong Leong Asia is a dividend paying company with a current yield of 3.2% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
3.2%
Dividend yield
23%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | S$0.087 |
| Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Increases to Hong Leong Asia Ltd.'s (SGX:H22) CEO Compensation Might Cool off for now
Apr 18
When Should You Buy Hong Leong Asia Ltd. (SGX:H22)?
Jan 28Hong Leong Asia's (SGX:H22) Upcoming Dividend Will Be Larger Than Last Year's
Mar 02Is There Now An Opportunity In Hong Leong Asia Ltd. (SGX:H22)?
Aug 16Does Hong Leong Asia (SGX:H22) Have A Healthy Balance Sheet?
May 31Return Trends At Hong Leong Asia (SGX:H22) Aren't Appealing
May 10Why Hong Leong Asia Ltd. (SGX:H22) Could Be Worth Watching
Apr 19These 4 Measures Indicate That Hong Leong Asia (SGX:H22) Is Using Debt Reasonably Well
Mar 01Is Hong Leong Asia (SGX:H22) Struggling?
Jan 19Hong Leong Asia (SGX:H22) Share Prices Have Dropped 36% In The Last Three Years
Dec 15
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: H22's dividend payments have been volatile in the past 10 years.
Growing Dividend: H22's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Hong Leong Asia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (H22) | 3.2% |
| Market Bottom 25% (SG) | 2.8% |
| Market Top 25% (SG) | 6.2% |
| Industry Average (Machinery) | 3.4% |
| Analyst forecast in 3 Years (H22) | 4.5% |
Notable Dividend: H22's dividend (3.2%) is higher than the bottom 25% of dividend payers in the SG market (2.77%).
High Dividend: H22's dividend (3.2%) is low compared to the top 25% of dividend payers in the SG market (6.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23%), H22's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.7%), H22's dividend payments are thoroughly covered by cash flows.