Bright Smart Securitiesmmodities Group (HKSE:01428) Dividend Payout Ratio : 2.72 (As of Sep. 2023)

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What is Bright Smart Securitiesmmodities Group Dividend Payout Ratio?

Bright Smart Securitiesmmodities Group's dividend payout ratio for the months ended in Sep. 2023 was 2.72.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Bright Smart Securities & Commodities Group Ltd is 1.23, which seems too high.

The historical rank and industry rank for Bright Smart Securitiesmmodities Group's Dividend Payout Ratio or its related term are showing as below:

HKSE:01428' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.31 Max: 1.23
Current: 1.23

During the past 13 years, the highest Dividend Payout Ratio of Bright Smart Securitiesmmodities Group was 1.23. The lowest was 0.16. And the median was 0.31.

HKSE:01428's Dividend Payout Ratio is ranked worse than
90.16% of 305 companies
in the Capital Markets industry
Industry Median: 0.39 vs HKSE:01428: 1.23

As of today (2024-04-28), the Dividend Yield % of Bright Smart Securitiesmmodities Group is 30.67%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Bright Smart Securitiesmmodities Group was 30.67%. The lowest was 0.88%. And the median was 3.67%.

Bright Smart Securitiesmmodities Group's Dividends per Share for the months ended in Sep. 2023 was HK$0.50.

During the past 12 months, Bright Smart Securitiesmmodities Group's average Dividends Per Share Growth Rate was 400.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 20.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bright Smart Securitiesmmodities Group was 80.00% per year. The lowest was 5.20% per year. And the median was 12.60% per year.

The growth rate is calculated with least square regression.

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

Bright Smart Securitiesmmodities Group Dividend Payout Ratio Historical Data

The historical data trend for Bright Smart Securitiesmmodities Group'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.

* Premium members only.

Bright Smart Securitiesmmodities Group Dividend Payout Ratio Chart

Bright Smart Securitiesmmodities Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.35

0.28

0.68

0.38

0.27

Bright Smart Securitiesmmodities Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.70	-	0.69	-	2.72

Competitive Comparison of Bright Smart Securitiesmmodities Group's Dividend Payout Ratio

For the Capital Markets subindustry, Bright Smart Securitiesmmodities Group'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.

Bright Smart Securitiesmmodities Group's Dividend Payout Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bright Smart Securitiesmmodities Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Bright Smart Securitiesmmodities Group's Dividend Payout Ratio falls into.

Bright Smart Securitiesmmodities Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Bright Smart Securitiesmmodities Group's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0.1	/	0.367
	=	0.27

Bright Smart Securitiesmmodities Group's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.5	/	0.184
	=	2.72

Bright Smart Securitiesmmodities Group (HKSE:01428) Dividend Payout Ratio Explanation

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.

Bright Smart Securitiesmmodities Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Bright Smart Securitiesmmodities Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Bright Smart Securitiesmmodities Group (HKSE:01428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bright Smart Securities & Commodities Group Ltd (HKSE:01428) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

0BX:Germany

Address

71 Des Voeux Road Central, 10th Floor and 23rd Floor, Wing On House, Central, Hong Kong, HKG

Website

https://www.bsgroup.com.hk

Bright Smart Securities & Commodities Group Ltd is a company that principally provides financial services. The company operates via three segments. The Securities broking segment offers broking services in securities traded in Hong Kong and select overseas markets and provides margin financing services to its broking customers. The Commodities and futures broking segment offers broking services in commodities and futures contracts traded in Hong Kong and overseas markets. The Bullion trading segment provides trading services in bullion contracts traded in overseas markets. The company generates most of its revenue from the Securities broking segment.

Bright Smart Securitiesmmodities Group (HKSE:01428) Headlines

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