As of today (2024-04-28), the Trailing Annual Dividend Yield of HKT Trust and HKT is 8.45%.
Good Sign:
HKT Trust and HKT Ltd stock dividend yield is close to 10-year high.
The historical rank and industry rank for HKT Trust and HKT's Dividend Yield % or its related term are showing as below:
HKSE:06823'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.65 Med: 5.71 Max: 9.06
Current: 8.45
During the past 13 years, the highest Dividend Yield of HKT Trust and HKT was 9.06%. The lowest was 2.65%. And the median was 5.71%.
HKSE:06823's Dividend Yield % is ranked better than 88.39% of 224
companies
in the Telecommunication Services industry
Industry Median: 4.165
vs HKSE:06823: 8.45
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of HKT Trust and HKT Ltd is 1.14, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of HKT Trust and HKT was 1.14. The lowest was 0.86. And the median was 1.01.
During the past 12 months, HKT Trust and HKT's average Dividends Per Share Growth Rate was 2.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 6.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HKT Trust and HKT was 29.30% per year. The lowest was 2.00% per year. And the median was 7.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
HKT Trust and HKT Dividend Yield % Historical Data
The historical data trend for HKT Trust and HKT's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of HKT Trust and HKT's Dividend Yield %
For the Telecom Services subindustry, HKT Trust and HKT's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
HKT Trust and HKT's Dividend Yield % Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, HKT Trust and HKT's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where HKT Trust and HKT's Dividend Yield % falls into.
HKT Trust and HKT Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
HKT Trust and HKT Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.321
2023-08-17
2023-08-21
2023-09-05
Cash Dividend
semi-annually
HKD:HKD 1.000000
HKD 0.432
2023-06-02
2023-06-06
2023-06-20
Cash Dividend
semi-annually
HKD:HKD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
HKT Trust and HKT's Trailing Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HKT Trust and HKT (HKSE:06823) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of HKT Trust and HKT's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
HKT Trust and HKT (HKSE:06823) Business Description
HKT Trust and HKT Ltd is a triple-play telecommunications provider that operates through three segments, telecommunications services, mobile, and Other businesses. Telecommunication services are the larger business segment and generates revenue by providing voice services, broadband services, local and international data services, and the sales of equipment. The company's mobile segment generates revenue by selling mobile services and handsets. The Other Businesses segment primarily comprises new business areas such as Tap & Go mobile payment service and The Club program, and corporate support functions. The company owns fiber and mobile infrastructure. HKT Trust generate the vast majority of its revenue in Hong Kong.
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