Sailvan Times Dividend
Dividend criteria checks 2/6
Sailvan Times is a dividend paying company with a current yield of 2.64% that is well covered by earnings. Last payment was on 24th September, 2024 with an ex-dividend date of 24th September, 2024.
Key information
2.6%
Dividend yield
52%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 24 Sep 24 |
| Ex dividend date | 24 Sep 24 |
| Dividend per share | CN¥0.600 |
| Earnings per share | CN¥1.05 |
| Dividend yield forecast | 2.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301381's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301381's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Sailvan Times Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301381) | 2.6% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Multiline Retail) | 2.5% |
| Analyst forecast (301381) (up to 3 years) | 2.3% |
Notable Dividend: 301381's dividend (2.64%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 301381's dividend (2.64%) is low compared to the top 25% of dividend payers in the CN market (2.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.9%), 301381's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (93.8%), 301381's dividend payments are not well covered by cash flows.