05-31-2023
HKD/share | |
Price | 104.70 |
Dividend | 4.50 |
Earnings | 5.31 |
Cash-flow | 36.10 |
Book value | 87.25 |
Equity | 90.00 |
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 stock dividend
Hang Seng Bank paid a total dividend of 8,604 million HKD last year, for a market value of 200,186 millions (Market Cap 75,784 millions). Hang Seng Bank dividend per share is 4.50 HKD, and his stock market price 104.70 HKD.
According to the chart below, where dividend yield is displayed, Hang Seng Bank has a dividend yield of 4.30%, 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 stocks dividend with other Banks companies or other of the highest Hong-Kong dividend stocks list.
Hang Seng Bank Dividend Payout
About the ability of Hang Seng Bank to maintain his current dividend of HKD 4.50 per share, an amount that accounts for 4.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hang Seng Bank payout on ernings is currently 84.75%, which is higher than the market average, and companies of Financials industry, which are 39.87% and 48.76% 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 36.10 per share, which is higher than the dividend per share paid by the company of HKD 4.50, 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 Dividend History
Below you will find a table with the historical evolution of Hang Seng Bank's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | HKD | Paypout | Shares* |
Present | 4.30% | 4.50 | 84.75% | 1,912 |
2022 | 3.00% | 3.89 | 54.25% | 1,912 |
2021 | 4.27% | 6.09 | 71.73% | 1,912 |
2020 | 5.01% | 6.70 | 52.10% | 1,912 |
2019 | 4.84% | 7.79 | 61.92% | 1,912 |
2018 | 3.98% | 7.00 | 67.70% | 1,912 |
2017 | 3.30% | 6.40 | 76.56% | 1,912 |
2016 | 3.88% | 5.70 | 39.56% | 1,912 |
2015 | 3.99% | 5.61 | 70.30% | 1,912 |
*In millions
Then you can see the evolution of Hang Seng Bank dividend stock, and compare it with the average of Hong-Kong stocks and that of the Banks stocks.
Hang Seng Bank Stock performance
Finally, last moth Hang Seng Bank showed a return of -9.80% compared to a worldwide -2.16% average, and a -3.08% of Financials firms. Over the last year, the company obtained a -23.60% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for Hong-Kong and Banks firms.