Shenwan Hongyuan Group Dividend
Dividend criteria checks 3/6
Shenwan Hongyuan Group is a dividend paying company with a current yield of 1.21% that is well covered by earnings. Next payment date is on 20th August, 2024 with an ex-dividend date of 20th August, 2024.
Key information
1.2%
Dividend yield
34%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | 20 Aug 24 |
Ex dividend date | 20 Aug 24 |
Dividend per share | CN¥0.056 |
Earnings per share | CN¥0.16 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000166 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000166 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Shenwan Hongyuan Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (000166) | 1.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Capital Markets) | 1.8% |
Analyst forecast in 3 Years (000166) | 2.6% |
Notable Dividend: 000166's dividend (1.21%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 000166's dividend (1.21%) is low compared to the top 25% of dividend payers in the CN market (2.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.5%), 000166's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.3%), 000166's dividend payments are thoroughly covered by cash flows.