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Weichai Power Co., Ltd. Stock Dividends Overview

2338.HK pays dividends biannually. Last paid amount was HK$0.247 at Sep 28, 2023. As of today, dividend yield (TTM) is 6.10%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 6.10%
Frequency Biannually
1Y Growth 87.61%
Payout Ratio 0
Amount Per Share HK$0.323
Next Ex-Dividend Date May 31, 2024
Next Payment Date Jun 28, 2024

2338 Dividend Payout History

To ensure a understanding of 2338's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 31, 2024 May 31, 2024 Jun 28, 2024 HK$0.323 2.25%
2 Sep 28, 2023 Sep 28, 2023 Sep 28, 2023 HK$0.247 2.34%
3 Jul 28, 2023 Jul 28, 2023 Jul 28, 2023 HK$0.172 1.52%
4 Sep 22, 2022 Sep 22, 2022 Sep 22, 2022 HK$0.110 1.27%
5 Jul 28, 2022 Jul 28, 2022 Jul 28, 2022 HK$0.217 1.91%
6 Sep 21, 2021 Sep 21, 2021 Sep 21, 2021 HK$0.222 1.31%
7 Jul 29, 2021 Jul 29, 2021 Jul 29, 2021 HK$0.280 1.65%
8 Sep 17, 2020 Sep 17, 2020 Sep 17, 2020 HK$0.150 0.92%
9 Jul 23, 2020 Jul 23, 2020 Jul 23, 2020 HK$0.149 0.85%
10 Sep 26, 2019 Sep 26, 2019 Sep 26, 2019 HK$0.167 1.46%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (37.49%)

Growth potential

Stable (15.74%)

2338 Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from 2338 dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in 2338 stock here.

Comparing 2338 to Sector and Country

2338.HK pays a solid dividend yield of 6.10%, which is higher than the average of the bottom 25% of dividend payers in the HK market (2.24%). 2338.HK’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the HK market (13.65%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of 2338.HK's dividend payments?
The amount of 2338.HK's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in 2338.HK sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from 2338.HK stock be automatically reinvested?
If 2338.HK offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy 2338.HK stock.

How often does 2338.HK pay dividend?
Weichai Power Co., Ltd. (2338.HK) pays dividends biannually. The most recent payout was on Sep 28, 2023. The upcoming dividend Ex Date is May 31, 2024, with an amount of HK$0.323.

How much does 2338.HK pays per share?
The last recorder (Sep 28, 2023) dividend per share was HK$0.247.

What is 2338.HK dividend growth rate?
Over the last year, Weichai Power Co., Ltd. has witnessed growth rate of 87.61% . Looking back over the past 3 years, this growth rate has been 4.86%. Furthermore, examining the past 5 years, Weichai Power Co., Ltd. has maintained an average Dividends Per Share Growth Rate of 0.281%.
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