HK Stock Market Move | TOPSPORTS(06110) rose more than 7% in the afternoon, with a dividend payout ratio for the year reaching as high as 137.1%. The high dividend yield attribute continues to deepen.

TOPSPORTS (06110) rose over 7% in the afternoon, up 7.14% to HK$3 as of the press release, with a turnover of HK$42.3918 million. On the news front, TOPSPORTS previously announced its full-year performance, with the company achieving revenue of HK$25.74 billion, a year-on-year decrease of 4.7%; and net profit attributable to equity holders of HK$1.267 billion, a year-on-year decrease of 1.5%. The company plans to distribute a final dividend of HK$0.03 per share and a special dividend of HK$0.12 per share, together with an interim dividend, resulting in a total annual dividend payout ratio of 137.1%. Guoyuan International believes that when the market questions whether TOPSPORTS can maintain a dividend payout ratio of 135% for FY25, the company once again increased the payout ratio to 137% by issuing special dividends in FY26. This not only raises TOPSPORTS's dividend yield to over 11% for FY26, but also further consolidates TOPSPORTS's high dividend attribute in the minds of investors.