Shanghai Chinafortune is a dividend paying company with a current yield of 0.31% that is well covered by earnings. Next payment date is on 11th October, 2024 with an ex-dividend date of 11th October, 2024.
Key information
0.3%
Dividend yield
40%
Payout ratio
Industry average yield
1.2%
Next dividend pay date
11 Oct 24
Ex dividend date
11 Oct 24
Dividend per share
CN¥0.052
Earnings per share
CN¥0.36
Dividend yield forecast
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600621's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600621's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Shanghai Chinafortune Dividend Yield vs Market
How does 600621 dividend yield compare to the market?
Segment
Dividend Yield
Company (600621)
0.3%
Market Bottom 25% (CN)
0.6%
Market Top 25% (CN)
2.2%
Industry Average (Capital Markets)
1.2%
Analyst forecast (600621) (up to 3 years)
n/a
Notable Dividend: 600621's dividend (0.31%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 600621's dividend (0.31%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), 600621's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600621 is paying a dividend but the company has no free cash flows.