08-31-2023
HKD/share | |
Price | 6.52 |
Dividend | 0.35 |
Earnings | 0.57 |
Cash-flow | 1.76 |
Book value | 4.66 |
Equity | 5.00 |
Kingboard Laminates is part of Chemicals business, which is part of Basic Materials industry. Kingboard Laminates is a company from China, and his stocks are publicly traded.
Kingboard Laminates stock dividend
Kingboard Laminates paid a total dividend of 1,092 million HKD last year, for a market value of 20,342 millions (Market Cap 6,807 millions). Kingboard Laminates dividend per share is 0.35 HKD, and his stock market price 6.52 HKD.
According to the chart below, where dividend yield is displayed, Kingboard Laminates has a dividend yield of 5.37%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Kingboard Laminates stocks dividend with other Chemicals companies or other of the highest China dividend stocks list.
Kingboard Laminates Dividend Payout
About the ability of Kingboard Laminates to maintain his current dividend of HKD 0.35 per share, an amount that accounts for 5.37%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kingboard Laminates payout on ernings is currently 61.40%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Kingboard Laminates 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 Kingboard Laminates is HKD 1.76 per share, which is higher than the dividend per share paid by the company of HKD 0.35, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Kingboard Laminates, compared againt world market average, China companies, Basic Materials industry and Chemicals sector companies.
Kingboard Laminates Dividend History
Below you will find a table with the historical evolution of Kingboard Laminates'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 | 5.37% | 0.35 | 61.40% | 3,120 |
2022 | 15.73% | 1.35 | 66.18% | 3,120 |
2021 | 4.90% | 0.65 | 66.33% | 3,120 |
2020 | 3.16% | 0.40 | 49.38% | 3,120 |
2019 | 4.66% | 0.45 | 45.00% | 3,081 |
2018 | 10.85% | 0.70 | 58.33% | 3,081 |
2017 | 4.20% | 0.51 | 35.17% | 3,081 |
2016 | 3.61% | 0.25 | 64.10% | 3,000 |
2015 | 5.00% | 0.16 | 44.44% | 3,000 |
*In millions
Then you can see the evolution of Kingboard Laminates dividend stock, and compare it with the average of China stocks and that of the Chemicals stocks.
Kingboard Laminates Stock performance
Finally, last moth Kingboard Laminates showed a return of -18.20% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -13.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Chemicals firms.