Raymond Industrial (HKSE:00229) Dividend Payout Ratio: 1.38 (As of Dec. 2025) — 106% Above Median

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HKSE:00229 Raymond Industrial Ltd HKSE:00229
43 GF Score
Price HK$0.79
GF Value HK$0.83
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Raymond Industrial Dividend Payout Ratio?

Raymond Industrial HKSE:00229 43 Dividend Payout Ratio is 1.38 as of Dec. 2025, which is 106% above its 10-year median of 0.67. GuruFocus rates HKSE:00229 with a GF Score™ of 43/100 and a GF Value™ of HK$0.83 (Fairly Valued). The stock has 2 warning signs investors should review. Among 204 Furnishings, Fixtures & Appliances companies, Raymond Industrial ranks worse than 60.29% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Raymond Industrial's Dividend Payout Ratio for the months ended in Dec. 2025 was 1.38.

The historical rank and industry rank for Raymond Industrial's Dividend Payout Ratio or its related term are showing as below:

HKSE:00229' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.67   Max: 0.98
Current: 0.64

During the past 13 years, the highest Dividend Payout Ratio of Raymond Industrial was 0.98. The lowest was 0.47. And the median was 0.67.

HKSE:00229's Dividend Payout Ratio is ranked worse than
60.29% of 204 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.51 vs HKSE:00229: 0.64

As of today (2026-08-21), the Dividend Yield % of Raymond Industrial is 8.86%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Raymond Industrial was 9.88%. The lowest was 4.65%. And the median was 6.38%.

Raymond Industrial's Dividends per Share for the months ended in Dec. 2025 was HK$0.04.

During the past 12 months, Raymond Industrial's average Dividends Per Share Growth Rate was -25.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Raymond Industrial was 26.00% per year. The lowest was -32.10% per year. And the median was 0.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Raymond Industrial (HKSE:00229) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Raymond Industrial Dividend Payout Ratio Related Terms

Raymond Industrial Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Raymond Industrial's Dividend Payout Ratio 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.

Raymond Industrial Dividend Payout Ratio Chart

Raymond Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.98 0.52 0.89 0.63

Raymond Industrial Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.74 1.08 0.31 1.38

HKSE:00229 vs SN, SGI, MHK: Dividend Payout Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Raymond Industrial Dividend Payout Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Raymond Industrial's Dividend Payout Ratio falls into.


HKSE:00229
43GF Score
Raymond Industrial Ltd HKSE:00229
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raymond Industrial Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Raymond Industrial's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.06/ 0.095
=0.63

Raymond Industrial's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.04/ 0.029
=1.38

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.38 mean?
Raymond Industrial (HKSE:00229) has a Dividend Payout Ratio of 1.38 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Raymond Industrial and its competitors. This is 106% above median its historical median of 0.67. Over the past decade, Raymond Industrial's Dividend Payout Ratio has ranged from 0.47 to 0.98. According to the industry distribution chart, Raymond Industrial ranks #123 out of 204 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 60.3%.
Is Raymond Industrial's Dividend Payout Ratio too high?
Raymond Industrial's current Dividend Payout Ratio of 1.38 is 106% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.98. The Furnishings, Fixtures & Appliances industry median Dividend Payout Ratio is 0.51. Raymond Industrial's value of 1.38 is 170.6% above this industry median. Based on the distribution chart, Raymond Industrial ranks #123 out of 204 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Raymond Industrial has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Raymond Industrial's Dividend Payout Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Raymond Industrial ranks #123 out of 204 companies for Dividend Payout Ratio. This places Raymond Industrial in the lower half of its industry. The industry median Dividend Payout Ratio is 0.51. Raymond Industrial's value of 1.38 is 170.6% above this benchmark. Historically, Raymond Industrial's own Dividend Payout Ratio has ranged from 0.47 to 0.98 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.51, Raymond Industrial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Furnishings, Fixtures & Appliances company?
The median Dividend Payout Ratio among Furnishings, Fixtures & Appliances companies is 0.51, based on 204 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Raymond Industrial's current Dividend Payout Ratio of 1.38 is 170.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Raymond Industrial and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Dividend Payout Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raymond Industrial's current Dividend Payout Ratio is 1.38, which is 106% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond Industrial stock overvalued right now?
Based on GuruFocus' analysis, Raymond Industrial (HKSE:00229) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.83, compared to a current price of HK$0.79 — trading 4.8% below its estimated fair value. The current Dividend Payout Ratio is 1.38, which is 106% above median its 10-year median of 0.67 and 170.6% above the Furnishings, Fixtures & Appliances industry median of 0.51. Raymond Industrial's overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Raymond Industrial (HKSE:00229), the current Dividend Payout Ratio is 1.38 as of Dec. 2025. 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 Raymond Industrial (HKSE:00229) Overvalued in 2026?

Based on GuruFocus' analysis, Raymond Industrial stock appears to be undervalued. The current stock price of HK$0.79 is trading 4.8% below its estimated GF Value™ of HK$0.83. GuruFocus considers Raymond Industrial to be Fairly Valued.

Key valuation signals for HKSE:00229:

  • Dividend Payout Ratio: 1.38 (106% above median its 10-year median of 0.67)
  • GF Value™: HK$0.83 vs. price of HK$0.79 (4.8% below fair value)
  • GF Score™: 43/100 with 2 warning signs
  • Industry Position: 170.6% above the Furnishings, Fixtures & Appliances median (#123 of 204)

No single metric tells the full story. See the HKSE:00229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Raymond Industrial Business Description

Address 8 On Ping Street, Rooms 1806-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG
Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. Its reportable operating segments are North America, mainly including the United States of America and Canada; Latin America, mainly including Mexico; Europe, mainly including the United Kingdom and the Netherlands; Asia, mainly including the PRC, Korea, and Japan; and the Rest of the World.
43GF Score

Get the complete analysis for HKSE:00229

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.79
Price
HK$0.83
GF Value