Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Major HoldingsHKSE:01389 -1.96%36 Forward Dividend Yield % is 0.00% as of Aug. 01, 2026. GuruFocus rates HKSE:01389 with a GF Score™ of 36/100 and a GF Value™ of HK$0.15 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 141 Beverages - Alcoholic companies, Major Holdings ranks worse than 709219.15% on this metric.
As of today (2026-08-01), the Forward Annual Dividend Yield of Major Holdings is 0.00%.
As of today (2026-08-01), the Trailing Annual Dividend Yield of Major Holdings is 0.00%.
HKSE:01389's Forward Dividend Yield % is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 3.49 * Ranked among companies with meaningful Forward Dividend Yield % only.
Major Holdings (HKSE:01389) Forward 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.
Major Holdings Forward Dividend Yield % Related Terms
HKSE:01389 vs BF.B: Forward Dividend Yield % Comparison
For the Beverages - Wineries & Distilleries subindustry, Major Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.
Major Holdings Forward Dividend Yield % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Major Holdings's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Major Holdings's Forward Dividend Yield % falls into.
What does a Forward Dividend Yield % of 0.00% mean?
Major Holdings (HKSE:01389) has a Forward Dividend Yield % of 0.00% as of Aug. 01, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Major Holdings and its competitors. According to the industry distribution chart, Major Holdings ranks #999999 out of 141 companies in the Beverages - Alcoholic industry.
Is Major Holdings' Forward Dividend Yield % too high?
Major Holdings' current Forward Dividend Yield % is 0.00%. Based on the distribution chart, Major Holdings ranks #999999 out of 141 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Major Holdings has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Holdings' Forward Dividend Yield % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Major Holdings ranks #999999 out of 141 companies for Forward Dividend Yield %. This places Major Holdings in the lower half of its industry. The industry median Forward Dividend Yield % is 3.49. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Beverages - Alcoholic company?
The median Forward Dividend Yield % among Beverages - Alcoholic companies is 3.49, based on 141 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Major Holdings and its competitors. For the Beverages - Alcoholic industry, the median Forward Dividend Yield % is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Holdings's current Forward Dividend Yield % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Holdings stock overvalued right now?
Based on GuruFocus' analysis, Major Holdings (HKSE:01389) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.50 — trading 233.3% above its estimated fair value. The current Forward Dividend Yield % is 0.00%. Major Holdings' overall GF Score™ is 36/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Major Holdings (HKSE:01389), the current Forward Dividend Yield % is 0.00% as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Major Holdings (HKSE:01389) Overvalued in 2026?
Based on GuruFocus' analysis, Major Holdings stock appears to be overvalued.
The current stock price of HK$0.50 is trading 233.3% above its estimated GF Value™ of HK$0.15.
GuruFocus considers Major Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01389:
Forward Dividend Yield %: 0.00%
GF Value™: HK$0.15 vs. price of HK$0.50 (233.3% above fair value)
No single metric tells the full story. See the HKSE:01389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Major Holdings Ltd is an investment holding company. The company is principally engaged in the distribution of wine and spirit products and wine accessory products in Hong Kong. The products of the company include Red wine, White wine, Sparkling wine, Spirits, Sake, Wine accessory products, and other products. The group offers products through its retail showrooms, a network of distributors, retail organizations, five-star hotels, and private clubs. The majority of the revenue of the company is derived from Hong Kong.
36GF Score
Get the complete analysis for HKSE:01389
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01389 has been successfully added to your 
