Shanghai Shuixing Home Textile Dividend
Dividend criteria checks 4/6
Shanghai Shuixing Home Textile is a dividend paying company with a current yield of 6.36% that is well covered by earnings.
Key information
6.4%
Dividend yield
61%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.900 |
Earnings per share | CN¥1.48 |
Dividend yield forecast in 3Y | n/a |
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 |
---|
Segment | Dividend Yield |
---|---|
Company (603365) | 6.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Luxury) | 3.6% |
Analyst forecast in 3 Years (603365) | n/a |
Notable Dividend: 603365's dividend (6.36%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603365's dividend (6.36%) is in the top 25% of dividend payers in the CN market (2.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), 603365's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.9%), 603365's dividend payments are covered by cash flows.