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Hong Kong Economic Times Holdings (HKSE:00423) Dividend Yield % : 10.99% (As of May. 24, 2024)


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What is Hong Kong Economic Times Holdings Dividend Yield %?

As of today (2024-05-24), the Trailing Annual Dividend Yield of Hong Kong Economic Times Holdings is 10.99%.

The historical rank and industry rank for Hong Kong Economic Times Holdings's Dividend Yield % or its related term are showing as below:

HKSE:00423' s Dividend Yield % Range Over the Past 10 Years
Min: 3   Med: 5.6   Max: 12.34
Current: 10.99

During the past 13 years, the highest Dividend Yield of Hong Kong Economic Times Holdings was 12.34%. The lowest was 3.00%. And the median was 5.60%.

HKSE:00423's Dividend Yield % is ranked better than
97.44% of 390 companies
in the Media - Diversified industry
Industry Median: 2.645 vs HKSE:00423: 10.99

Hong Kong Economic Times Holdings's Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.00.

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 1.462, which seems too high.

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 0.80.

As of today (2024-05-24), the Forward Dividend Yield % of Hong Kong Economic Times Holdings is 10.99%.

Hong Kong Economic Times Holdings's Dividends per Share for the six months ended in Sep. 2023 was HK$0.07.

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 3.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.00% per year.

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 3.15% per year.

The growth rate is calculated with least square regression.

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


Hong Kong Economic Times Holdings Dividend Yield % Historical Data

The historical data trend for Hong Kong Economic Times Holdings's Dividend Yield % 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.

Hong Kong Economic Times Holdings Dividend Yield % Chart

Hong Kong Economic Times Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.79 7.87 6.73 7.83 8.19

Hong Kong Economic Times Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Yield % 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 7.08 7.83 8.88 8.19 9.80

Competitive Comparison of Hong Kong Economic Times Holdings's Dividend Yield %

For the Publishing subindustry, Hong Kong Economic Times 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.


Hong Kong Economic Times Holdings's Dividend Yield % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Hong Kong Economic Times Holdings's Dividend Yield % falls into.



Hong Kong Economic Times Holdings Dividend Yield % Calculation

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 0.0300002023-12-042023-12-062023-12-21Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.0700002023-08-102023-08-142023-09-11Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/0.91
=10.99 %

Current Share Price is HK$0.91.
Hong Kong Economic Times Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.1.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.06/0.91
=6.59 %

Current Share Price is HK$0.91.
Hong Kong Economic Times Holdings's Dividends per Share for the forward twelve months is calculated as HK$0.03 * 2 = HK$0.06.

* 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  (HKSE:00423) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Hong Kong Economic Times Holdings Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Hong Kong Economic Times Holdings's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hong Kong Economic Times Holdings (HKSE:00423) Business Description

Traded in Other Exchanges
N/A
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 (HKSE:00423) Headlines

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