Shanghai Kindly Enterprise Development GroupLTD Dividends and Buybacks
Dividend criteria checks 4/6
Shanghai Kindly Enterprise Development GroupLTD is a dividend paying company with a current yield of 2.14% that is well covered by earnings.
Key information
2.1%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 10.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.160 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603987 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603987's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shanghai Kindly Enterprise Development GroupLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603987) | 2.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (603987) (up to 3 years) | 2.1% |
Notable Dividend: 603987's dividend (2.14%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603987's dividend (2.14%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), 603987's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.4%), 603987's dividend payments are well covered by cash flows.