Shandong Hi-Speed Road&Bridge Group Dividend
Dividend criteria checks 3/6
Shandong Hi-Speed Road&Bridge Group is a dividend paying company with a current yield of 3.49% that is well covered by earnings.
Key information
3.5%
Dividend yield
16%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.180 |
| Earnings per share | CN¥1.41 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 000498 has been paying a dividend for less than 10 years.
Growing Dividend: 000498's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Shandong Hi-Speed Road&Bridge Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000498) | 3.5% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Construction) | 3.6% |
| Analyst forecast (000498) (up to 3 years) | n/a |
Notable Dividend: 000498's dividend (3.49%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 000498's dividend (3.49%) is in the top 25% of dividend payers in the CN market (2.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.7%), 000498's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000498 is paying a dividend but the company has no free cash flows.