03-31-2023
HKD/share | |
Price | 23.70 |
Dividend | 0.63 |
Earnings | 1.50 |
Cash-flow | 1.25 |
Book value | 15.80 |
Equity | 15.15 |
Minth Group is part of Automobiles and Parts business, which is part of Consumer Goods industry. Minth Group is a company from Hong-Kong, and his stocks are publicly traded.
Minth Group stock dividend
Minth Group paid a total dividend of 732 million HKD last year, for a market value of 27,539 millions (Market Cap 16,653 millions). Minth Group dividend per share is 0.63 HKD, and his stock market price 23.70 HKD.
According to the chart below, where dividend yield is displayed, Minth Group has a dividend yield of 2.66%, lower than the amount offered by both the market average and companies from Hong-Kong. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Minth Group stocks dividend with other Automobiles and Parts companies or other of the high Hong-Kong dividend stocks list.
Minth Group Dividend Payout
About the ability of Minth Group to maintain his current dividend of HKD 0.63 per share, an amount that accounts for 2.66%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Minth Group payout on ernings is currently 42.00%, which is higher than the market average, and companies of Consumer Goods industry, which are 38.61% and 39.77% respectively. Both figures show that Minth Group 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 Minth Group is HKD 1.25 per share, which is higher than the dividend per share paid by the company of HKD 0.63, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Minth Group, compared againt world market average, Hong-Kong companies, Consumer Goods industry and Automobiles and Parts sector companies.
Minth Group Dividend History
Below you will find a table with the historical evolution of Minth Group'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 | 2.66% | 0.63 | 42.00% | 1,162 |
2022 | 2.98% | 0.63 | 42.57% | 1,162 |
2021 | 1.67% | 0.57 | 37.75% | 1,160 |
2020 | 1.60% | 0.65 | 36.72% | 1,151 |
2019 | 2.40% | 0.66 | 40.00% | 1,147 |
2018 | 3.37% | 0.85 | 41.67% | 1,144 |
2017 | 1.44% | 0.68 | 37.16% | 1,136 |
2016 | 2.16% | 0.55 | 42.64% | 1,123 |
*In millions
Minth Group Stock performance
Finally, last moth Minth Group showed a return of 16.20% compared to a worldwide -0.50% average, and a 1.16% of Consumer Goods firms. Over the last year, the company obtained a 22.70% versus a worldwide performance of a -2.10%. More detailed information can be seen in the following graph for Hong-Kong and Automobiles and Parts firms.