If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hong Kong Exchanges and Clearing Ltd is 0.77, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Hong Kong Exchanges and Clearing was 1.09. The lowest was 0.76. And the median was 0.87.
During the past 12 months, Hong Kong Exchanges and Clearing's average Dividends Per Share Growth Rate was 7.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 6.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 9.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hong Kong Exchanges and Clearing was 96.80% per year. The lowest was -8.80% per year. And the median was 10.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Hong Kong Exchanges and Clearing Dividend Yield % Historical Data
* 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.
* Premium members only.
Hong Kong Exchanges and Clearing Dividend Yield % Chart
Competitive Comparison of Hong Kong Exchanges and Clearing's Dividend Yield %
For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing'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.
Hong Kong Exchanges and Clearing's Dividend Yield % Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Hong Kong Exchanges and Clearing's Dividend Yield % falls into.
Hong Kong Exchanges and Clearing Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Hong Kong Exchanges and Clearing Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.499
2024-03-13
2024-03-14
2024-04-11
Cash Dividend
semi-annually
USD:USD 1.000000
USD 0.574
2023-08-28
2023-08-29
2023-09-27
Cash Dividend
semi-annually
USD:USD 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.
* 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.
Hong Kong Exchanges and Clearing (OTCPK:HKXCY) 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.
Hong Kong Exchanges and Clearing Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Hong Kong Exchanges and Clearing's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Business Description
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Headlines
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