08-31-2023
HKD/share | |
Price | 304.00 |
Dividend | 8.18 |
Earnings | 8.61 |
Cash-flow | 11.88 |
Book value | 38.97 |
Equity | 39.14 |
Hong-Kong Exchanges is part of Financial Services business, which is part of Financials industry. Hong-Kong Exchanges is a company from Hong-Kong, and his stocks are publicly traded.
Hong-Kong Exchanges stock dividend
Hong-Kong Exchanges paid a total dividend of 10,372 million HKD last year, for a market value of 385,472 millions (Market Cap 385,422 millions). Hong-Kong Exchanges dividend per share is 8.18 HKD, and his stock market price 304.00 HKD.
According to the chart below, where dividend yield is displayed, Hong-Kong Exchanges has a dividend yield of 2.69%, lower than the amount offered by both the market average and companies from Hong-Kong. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Hong-Kong Exchanges stocks dividend with other Financial Services companies or other of the highest Hong-Kong dividend stocks list.
Hong-Kong Exchanges Dividend Payout
About the ability of Hong-Kong Exchanges to maintain his current dividend of HKD 8.18 per share, an amount that accounts for 2.69%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hong-Kong Exchanges payout on ernings is currently 95.01%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Hong-Kong Exchanges 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 Hong-Kong Exchanges is HKD 11.88 per share, which is higher than the dividend per share paid by the company of HKD 8.18, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Hong-Kong Exchanges, compared againt world market average, Hong-Kong companies, Financials industry and Financial Services sector companies.
Hong-Kong Exchanges Dividend History
Below you will find a table with the historical evolution of Hong-Kong Exchanges'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 | 2.69% | 8.18 | 95.01% | 1,268 |
2022 | 2.26% | 7.62 | 72.57% | 1,268 |
2021 | 2.01% | 9.15 | 95.41% | 1,268 |
2020 | 1.58% | 6.72 | 85.82% | 1,268 |
2019 | 2.68% | 6.78 | 86.59% | 1,258 |
2018 | 2.86% | 6.48 | 108.36% | 1,240 |
2017 | 1.91% | 4.58 | 98.28% | 1,240 |
2016 | 2.49% | 5.08 | 73.73% | 1,217 |
2015 | 2.59% | 5.23 | 112.47% | 1,197 |
*In millions
Then you can see the evolution of Hong-Kong Exchanges dividend stock, and compare it with the average of Hong-Kong stocks and that of the Financial Services stocks.
Hong-Kong Exchanges Stock performance
Finally, last moth Hong-Kong Exchanges showed a return of -6.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -4.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Hong-Kong and Financial Services firms.