Nexteer Automotive Group Dividend yield




   HKD/share 
 Price  5.86
 Dividend  0.07
 Earnings  0.69
 Cash-flow  0.84
 Book value  5.86
 Equity  5.90

Nexteer Automotive Group is part of Automobiles and Parts business, which is part of Consumer Goods industry. Nexteer Automotive Group is a company from Hong-Kong, and his stocks are publicly traded.

Nexteer Automotive Group paid a total dividend of 176 million HKD last year, for a market value of 14,709 millions (Market Cap 4,756 millions). Dividend per share of Nexteer Automotive Group is 0.07 HKD, and his stock market price 5.86 HKD.

According to the chart below, where dividend yield is displayed, Nexteer Automotive Group has a dividend yield of 1.27%, 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 Nexteer Automotive Group dividend yield with other Automobiles and Parts companies or firms from Hong-Kong.

Dividend yield of Nexteer Automotive Group

Nexteer Automotive Group Dividend Payout

About the ability of Nexteer Automotive Group to maintain his current dividend of HKD 0.07 per share, an amount that accounts for 1.27%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nexteer Automotive Group payout on ernings is currently 10.14%, which is lower than the market average and companies of Consumer Goods industry, which are 40.22% and 43.16% respectively. Both figures lead us to believe that there is confidence that Nexteer Automotive Groupcan maintain his current dividend.

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 Nexteer Automotive Group is HKD 0.84 per share, which is higher than the dividend per share paid by the company of HKD 0.07, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nexteer Automotive Group, compared againt world market average, Hong-Kong companies, Consumer Goods industry and Automobiles and Parts sector companies.

Nexteer Automotive Group payout

Nexteer Automotive Group Dividend History

Year Yield  HKD  Paypout  Shares* 
Present1.27%0.0710.14%2,510
20210.75%0.0710.77%2,509
20203.01%0.2524.27%2,508
20193.42%0.2416.33%2,508
20181.96%0.2216.42%2,505
20171.00%0.1916.81%2,502

*In millions

Nexteer Automotive Group Stock performance

Finally, last moth Nexteer Automotive Group showed a return of -7.00% compared to a worldwide -0.44% average, and a -0.72% of Consumer Goods firms. Over the last year, the company obtained a -33.10% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for Hong-Kong and Automobiles and Parts firms.

Nexteer Automotive Group stock and market return