SPIC Industry-Finance Holdings Dividend
Dividend criteria checks 3/6
SPIC Industry-Finance Holdings is a dividend paying company with a current yield of 1.72% that is well covered by earnings.
Key information
1.7%
Dividend yield
26%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.24 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000958 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000958's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
SPIC Industry-Finance Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (000958) | 1.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Capital Markets) | 1.8% |
Analyst forecast in 3 Years (000958) | n/a |
Notable Dividend: 000958's dividend (1.72%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 000958's dividend (1.72%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.1%), 000958's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82%), 000958's dividend payments are covered by cash flows.