05-31-2023
HKD/share | |
Price | 13.60 |
Dividend | 4.00 |
Earnings | 5.44 |
Cash-flow | 5.67 |
Book value | 6.18 |
Equity | 0.00 |
SITC International H is part of Industrial Transportation business, which is part of Industrials industry. SITC International H is a company from Hong-Kong, and his stocks are publicly traded.
SITC International H stock dividend
SITC International H paid a total dividend of 10,728 million HKD last year, for a market value of 36,475 millions (Market Cap 16,052 millions). SITC International H dividend per share is 4.00 HKD, and his stock market price 13.60 HKD.
According to the chart below, where dividend yield is displayed, SITC International H has a dividend yield of 29.41%, which is higher than the amount offered by both the market average and companies from Hong-Kong. It is also bigger than average of Industrials 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 SITC International H stocks dividend with other Industrial Transportation companies or other of the high Hong-Kong dividend stocks list.
SITC International H Dividend Payout
About the ability of SITC International H to maintain his current dividend of HKD 4.00 per share, an amount that accounts for 29.41%, we should study its payout ratio both on earnings and on cash-flows (see chart below). SITC International H payout on ernings is currently 73.53%, which is higher than the market average, and companies of Industrials industry, which are 39.87% and 36.49% respectively. Both figures show that SITC International H 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 SITC International H is HKD 5.67 per share, which is higher than the dividend per share paid by the company of HKD 4.00, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of SITC International H, compared againt world market average, Hong-Kong companies, Industrials industry and Industrial Transportation sector companies.
SITC International H Dividend History
Below you will find a table with the historical evolution of SITC International H'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 | 29.41% | 4.00 | 73.53% | 2,682 |
2022 | 21.89% | 3.80 | 120.25% | 2,682 |
2021 | 5.67% | 1.60 | 144.14% | 2,682 |
2020 | 2.93% | 0.49 | 73.13% | 2,678 |
*In millions
SITC International H Stock performance
Finally, last moth SITC International H showed a return of -5.90% compared to a worldwide -2.16% average, and a -0.90% of Industrials firms. Over the last year, the company obtained a -54.10% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for Hong-Kong and Industrial Transportation firms.