Television Broadcast Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   HKD per share 
 Price  14.82
 Dividend  0.60
 Earnings  0.57
 Cash-flow  0.00
 Book value  16.47
 Equity  16.29

Television Broadcast is part of Media business, which is part of Consumer Services industry. Television Broadcast is a company from Hong-Kong, and his stocks are publicly traded.

Television Broadcast paid a total dividend of 263 million HKD last year, for a market value of 6,491 millions (Market Cap 4,283 millions). Dividend per share of Television Broadcast is 0.60 HKD, and his stock market price 14.82 HKD.

According to the chart below, where dividend yield is displayed, Television Broadcast has a dividend yield of 4.05%, which is higher than the amount offered by both the market average and companies from Hong-Kong. It is also bigger than average of Consumer Services 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 Television Broadcast dividend yield with other Media companies or firms from Hong-Kong.

Dividend yield of Television Broadcast

Television Broadcast Dividend Payout

About the ability of Television Broadcast to maintain his current dividend of HKD 0.60 per share, an amount that accounts for 4.05%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Television Broadcast payout on ernings is currently 105.26%, which is higher than the market average, and companies of Consumer Services industry, which are 40.41% and 35.56% respectively. Both figures show that Television Broadcast 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 Television Broadcast is HKD 0.00 per share, which is lower than the dividend per share paid by the company of HKD 0.60, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Television Broadcast, compared againt world market average, Hong-Kong companies, Consumer Services industry and Media sector companies.

Television Broadcast payout

Television Broadcast Stock performance

Finally, last moth Television Broadcast showed a return of -13.80% compared to a worldwide -5.60% average, and a -6.42% of Consumer Services firms. Over the last year, the company obtained a -45.80% versus a worldwide performance of a -11.41%. More detailed information can be seen in the following graph for Hong-Kong and Media firms.

Television Broadcast stock and market return

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