If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Million Hope Industries Holdings Ltd is 0.74, which seems too high.
During the past 9 years, the highest Dividend Payout Ratio of Million Hope Industries Holdings was 0.88. The lowest was 0.39. And the median was 0.60.
During the past 12 months, Million Hope Industries Holdings's average Dividends Per Share Growth Rate was -13.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -11.40% per year.
During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Million Hope Industries Holdings was -3.20% per year. The lowest was -11.40% per year. And the median was -7.30% 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.
Million Hope Industries Holdings Dividend Yield % Historical Data
* 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.
Million Hope Industries Holdings Dividend Yield % Chart
Competitive Comparison of Million Hope Industries Holdings's Dividend Yield %
For the Building Products & Equipment subindustry, Million Hope Industries Holdings's Dividend Yield %, along with its competitors' market caps and 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.
Million Hope Industries Holdings's Dividend Yield % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Million Hope Industries Holdings's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Million Hope Industries Holdings's Dividend Yield % falls into.
Million Hope Industries Holdings Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Million Hope Industries Holdings Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.005000
2024-11-26
2024-11-28
2024-12-13
Cash Dividend
semi-annually
HKD:HKD 1.000000
HKD 0.017000
2024-07-15
2024-07-17
2024-08-02
Cash Dividend
semi-annually
HKD: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.
* 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.
Million Hope Industries Holdings (HKSE:01897) 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.
Million Hope Industries Holdings Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Million Hope Industries Holdings's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Million Hope Industries Holdings Business Description
Million Hope Industries Holdings Ltd and its subsidiaries are engaged in designing, supplying and installation of facade and curtain wall systems, with a focus on curtain walls, aluminum windows and doors. The company provides design, supply and installation services for curtain walls, aluminium windows and doors on both new and existing buildings, and works with customers and architects to offer tailor-made designs and products to suit the project requirements. The principal customers are the main contractors and property developers. Geographically, the group has a business presence in Hong Kong and Mainland China of which prime revenue is generated from Hong Kong.
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