Sinotruk (Hong Kong) Dividends and Buybacks
Dividend criteria checks 5/6
Sinotruk (Hong Kong) is a dividend paying company with a current yield of 6.41% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 5th September, 2024.
Key information
6.4%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 7.3% |
| Future Dividend Yield | 7.7% |
| Dividend Growth | 12.5% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 05 Sep 24 |
| Dividend per share | US$0.188 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHKL.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHKL.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sinotruk (Hong Kong) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SHKL.Y) | 6.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Machinery) | 1.5% |
| Analyst forecast (SHKL.Y) (up to 3 years) | 7.7% |
Notable Dividend: SHKL.Y's dividend (6.41%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SHKL.Y's dividend (6.41%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.6%), SHKL.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.5%), SHKL.Y's dividend payments are well covered by cash flows.