ShenZhen Properties & Resources Development (Group) Dividends and Buybacks
Dividend criteria checks 4/6
ShenZhen Properties & Resources Development (Group) is a dividend paying company with a current yield of 3.25% that is well covered by earnings.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.312 |
| Payout ratio | 79% |
Recent dividend and buyback updates
Recent 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 (000011) | 3.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Real Estate) | 2.4% |
| Analyst forecast (000011) (up to 3 years) | n/a |
Notable Dividend: 000011's dividend (3.25%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000011's dividend (3.25%) is in the top 25% of dividend payers in the CN market (2.12%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.8%), 000011's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000011 is paying a dividend but the company has no free cash flows.