Shuhua Sports Dividend
Dividend criteria checks 3/6
Shuhua Sports is a dividend paying company with a current yield of 3.03%. Next payment date is on 9th May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
3.0%
Dividend yield
98%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 09 May 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.31 |
| Dividend yield forecast in 3Y | 3.8% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605299 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605299 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Shuhua Sports Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605299) | 3.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Leisure) | 1.8% |
| Analyst forecast in 3 Years (605299) | 3.8% |
Notable Dividend: 605299's dividend (3.03%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605299's dividend (3.03%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.7%), 605299's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71%), 605299's dividend payments are covered by cash flows.