Hang Seng Bank Dividend yield




   HKD/share 
 Price  123.00
 Dividend  4.31
 Earnings  7.19
 Cash-flow  18.64
 Book value  87.86
 Equity  89.88

Hang Seng Bank is part of Banks business, which is part of Financials industry. Hang Seng Bank is a company from Hong-Kong, and his stocks are publicly traded.

Hang Seng Bank paid a total dividend of 8,241 million HKD last year, for a market value of 235,176 millions (Market Cap 89,030 millions). Dividend per share of Hang Seng Bank is 4.31 HKD, and his stock market price 123.00 HKD.

According to the chart below, where dividend yield is displayed, Hang Seng Bank has a dividend yield of 3.50%, which is similar to the amount offered by both the market average and companies from Hong-Kong. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Hang Seng Bank dividend yield with other Banks companies or firms from Hong-Kong.

Dividend yield of Hang Seng Bank

Hang Seng Bank Dividend Payout

About the ability of Hang Seng Bank to maintain his current dividend of HKD 4.31 per share, an amount that accounts for 3.50%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hang Seng Bank payout on ernings is currently 59.94%, which is higher than the market average, and companies of Financials industry, which are 40.22% and 45.20% respectively. Both figures show that Hang Seng Bank can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Hang Seng Bank is HKD 18.64 per share, which is higher than the dividend per share paid by the company of HKD 4.31, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Hang Seng Bank, compared againt world market average, Hong-Kong companies, Financials industry and Banks sector companies.

Hang Seng Bank payout

Hang Seng Bank Dividend History

Year Yield  HKD  Paypout  Shares* 
Present3.50%4.3159.94%1,912
20214.27%6.0971.73%1,912
20205.01%6.7052.10%1,912
20194.84%7.7961.92%1,912
20183.98%7.0067.70%1,912
20173.30%6.4076.56%1,912
20163.88%5.7039.56%1,912
20153.99%5.6170.30%1,912

*In millions

Hang Seng Bank Stock performance

Finally, last moth Hang Seng Bank showed a return of -2.80% compared to a worldwide -0.44% average, and a -0.34% of Financials firms. Over the last year, the company obtained a -11.60% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for Hong-Kong and Banks firms.

Hang Seng Bank stock and market return