Shandong Hi-speed Dividend
Dividend criteria checks 5/6
Shandong Hi-speed is a dividend paying company with a current yield of 4.71% that is well covered by earnings. Next payment date is on 25th June, 2024 with an ex-dividend date of 25th June, 2024.
Key information
4.7%
Dividend yield
75%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 25 Jun 24 |
| Ex dividend date | 25 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.67 |
| Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Recent updates
Shandong Hi-speed's (SHSE:600350) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 20
Shandong Hi-speed (SHSE:600350) Has A Somewhat Strained Balance Sheet
May 31Shandong Hi-speed Company Limited Just Missed Earnings - But Analysts Have Updated Their Models
Apr 23Shandong Hi-speed Company Limited's (SHSE:600350) Share Price Is Matching Sentiment Around Its Earnings
Mar 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600350's dividends per share have been stable in the past 10 years.
Growing Dividend: 600350's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Hi-speed Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600350) | 4.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Infrastructure) | 2.8% |
| Analyst forecast in 3 Years (600350) | 5.7% |
Notable Dividend: 600350's dividend (4.71%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 600350's dividend (4.71%) is in the top 25% of dividend payers in the CN market (2.44%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.4%), 600350's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600350 is paying a dividend but the company has no free cash flows.