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Hong Kong Economic Times Holdings (HKSE:00423) 5-Year Dividend Growth Rate : 5.00% (As of Mar. 2024)


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What is Hong Kong Economic Times Holdings 5-Year Dividend Growth Rate?

Hong Kong Economic Times Holdings's Dividends per Share for the six months ended in Mar. 2024 was HK$0.03.

During the past 12 months, Hong Kong Economic Times Holdings's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hong Kong Economic Times Holdings was 65.70% per year. The lowest was -30.60% per year. And the median was 3.80% per year.

Hong Kong Economic Times Holdings's Dividend Payout Ratio for the six months ended in Mar. 2024 was 0.17. As of today, Hong Kong Economic Times Holdings's Dividend Yield % is 12.35%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hong Kong Economic Times Holdings Ltd is 0.79, which seems too high.

Good Sign:

Hong Kong Economic Times Holdings Ltd stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Hong Kong Economic Times Holdings's 5-Year Dividend Growth Rate

For the Publishing subindustry, Hong Kong Economic Times Holdings's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 Economic Times Holdings's 5-Year Dividend Growth Rate Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hong Kong Economic Times Holdings's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Hong Kong Economic Times Holdings's 5-Year Dividend Growth Rate falls into.



Hong Kong Economic Times Holdings 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Hong Kong Economic Times Holdings  (HKSE:00423) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Hong Kong Economic Times Holdings's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ Earnings per Share (Diluted) (Q: Mar. 2024 )
=0.03/ 0.173
=0.17

During the past 13 years, the highest Dividend Payout Ratio of Hong Kong Economic Times Holdings was 2.74. The lowest was 0.31. And the median was 0.73.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hong Kong Economic Times Holdings Ltd is 0.79, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Hong Kong Economic Times Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0700002024-08-082024-08-122024-09-06Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.0300002023-12-042023-12-062023-12-21Cash Dividendsemi-annuallyHKD: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.

Hong Kong Economic Times Holdings's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.1/0.81
=12.35 %

Current Share Price is HK$0.81.
Hong Kong Economic Times Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.1.

During the past 13 years, the highest Dividend Yield of Hong Kong Economic Times Holdings was 12.82%. The lowest was 3.00%. And the median was 5.88%.

Good Sign:

Hong Kong Economic Times Holdings Ltd stock dividend yield is close to 10-year high.

* 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 Economic Times Holdings 5-Year Dividend Growth Rate Related Terms

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Hong Kong Economic Times Holdings Business Description

Traded in Other Exchanges
Address
321 Java Road, 6th Floor, Kodak House II, North Point, Hong Kong, HKG
Hong Kong Economic Times Holdings Ltd is an investment holding company. It is engaged in the printing and publishing of newspapers and magazines and the operation of their associated digital businesses; the operation of recruitment advertising and lifestyle platforms; and the provision of electronic financial and property market information services. Its segments are Media segment, majority revenue deriving segment, engaged in the printing and publication of newspapers, magazines and books and the operation of digital platforms, including recruitment, finance and lifestyle; and Financial news agency, information and solutions segment.
Executives
Webb David Michael 2201 Interest of corporation controlled by you
Preferable Situation Assets Limited 2101 Beneficial owner
Golden Rooster Limited 2101 Beneficial owner
Lee Su Hwei 2201 Interest of corporation controlled by you
Fung Siu Por 2201 Interest of corporation controlled by you

Hong Kong Economic Times Holdings Headlines

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