ShenZhen Properties & Resources Development (Group) Dividend
Dividend criteria checks 4/6
ShenZhen Properties & Resources Development (Group) is a dividend paying company with a current yield of 3.71% that is well covered by earnings.
Key information
3.7%
Dividend yield
41%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.76 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000011's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000011's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| ShenZhen Properties & Resources Development (Group) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (11) | 3.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Real Estate) | 2.8% |
| Analyst forecast in 3 Years (11) | n/a |
Notable Dividend: 000011's dividend (3.71%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000011's dividend (3.71%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.9%), 000011's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000011 is paying a dividend but the company has no free cash flows.