Tsit Wing International Holdings (HKSE:02119) Dividend Payout Ratio : 0.49 (As of Dec. 2023)

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What is Tsit Wing International Holdings Dividend Payout Ratio?

Tsit Wing International Holdings's dividend payout ratio for the months ended in Dec. 2023 was 0.49.

The historical rank and industry rank for Tsit Wing International Holdings's Dividend Payout Ratio or its related term are showing as below:

HKSE:02119' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.54 Med: 0.65 Max: 0.9
Current: 0.59

During the past 13 years, the highest Dividend Payout Ratio of Tsit Wing International Holdings was 0.90. The lowest was 0.54. And the median was 0.65.

HKSE:02119's Dividend Payout Ratio is ranked worse than
73.13% of 67 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.44 vs HKSE:02119: 0.59

As of today (2024-06-18), the Dividend Yield % of Tsit Wing International Holdings is 6.44%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tsit Wing International Holdings was 10.14%. The lowest was 4.41%. And the median was 7.27%.

Tsit Wing International Holdings's Dividends per Share for the months ended in Dec. 2023 was HK$0.02.

During the past 12 months, Tsit Wing International Holdings's average Dividends Per Share Growth Rate was -24.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -6.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tsit Wing International Holdings was -6.50% per year. The lowest was -13.90% 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.

Tsit Wing International Holdings Dividend Payout Ratio Historical Data

The historical data trend for Tsit Wing International Holdings'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.

Tsit Wing International Holdings Dividend Payout Ratio Chart

Tsit Wing International Holdings Annual Data

Trend

Dec10

Dec11

Dec12

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.70

0.54

0.65

0.90

0.59

Tsit Wing International Holdings Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.55	1.35	0.55	0.71	0.49

Competitive Comparison of Tsit Wing International Holdings's Dividend Payout Ratio

For the Beverages - Non-Alcoholic subindustry, Tsit Wing International Holdings'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.

Tsit Wing International Holdings's Dividend Payout Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Tsit Wing International Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tsit Wing International Holdings's Dividend Payout Ratio falls into.

Tsit Wing International Holdings Dividend Payout Ratio Calculation

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

Tsit Wing International Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.04	/	0.068
	=	0.59

Tsit Wing International Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.018	/	0.037
	=	0.49

Tsit Wing International Holdings (HKSE:02119) 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.

Tsit Wing International Holdings Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Tsit Wing International Holdings's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Tsit Wing International Holdings (HKSE:02119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Tsit Wing International Holdings Ltd (HKSE:02119) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

15–33 Kwai Tak Street, Flats F-J, 11th Floor, Block 1, Kwai Tak Industrial Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.twcoffee.com

Tsit Wing International Holdings Ltd is an investment holding company engaged in the processing and sale of coffee, tea, and complementary products, sale of frozen processed food, sale and rental of coffee and tea machines, and food and beverage store operation. It has two operating segments: Beverage Solutions and Food Products. It derives majority revenue from the Beverage segment that processes and distributes coffee, tea and related complementary products, sells food and beverages, coffee machines and other related products, operates food and beverage stores and leases coffee and tea machines. The Group offers frozen food to renowned brands under its frozen food brand Papa Chef. The company operates in Hong Kong, Mainland China, and other countries with majority revenue from Hongkong.

Executives

Hero Asia Company Limited	2101 Beneficial owner
Li Ying Wah Irene	2202 Interest of your spouse
Wong Tat Tong
Hero Valour Limited	2401 A concert party to an agreement to buy shares
Dah Chong Hong Food International Holdings Limited	2101 Beneficial owner
Citic Group Corporation	2201 Interest of corporation controlled by you
Citic Limited	2201 Interest of corporation controlled by you

Tsit Wing International Holdings (HKSE:02119) Headlines

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