Shanghai Shuixing Home Textile Dividend
Dividend criteria checks 4/6
Shanghai Shuixing Home Textile is a dividend paying company with a current yield of 3.8% that is well covered by earnings.
Key information
3.8%
Dividend yield
53%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.46 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603365 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603365's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Shanghai Shuixing Home Textile Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603365) | 3.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Luxury) | 3.0% |
Analyst forecast in 3 Years (603365) | n/a |
Notable Dividend: 603365's dividend (3.8%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603365's dividend (3.8%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53%), 603365's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.3%), 603365's dividend payments are well covered by cash flows.