Spring Airlines Dividends and Buybacks
Dividend criteria checks 3/6
Spring Airlines is a dividend paying company with a current yield of 1.21% that is well covered by earnings.
Key information
1.2%
Dividend yield
0.004%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 11.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.700 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Spring Airlines (SHSE:601021) Passed With Ease
Dec 24
Spring Airlines' (SHSE:601021) Returns Have Hit A Wall
Nov 27Spring Airlines Co., Ltd.'s (SHSE:601021) Intrinsic Value Is Potentially 46% Above Its Share Price
Oct 16Does Spring Airlines (SHSE:601021) Have A Healthy Balance Sheet?
Oct 01Spring Airlines (SHSE:601021) Has Some Way To Go To Become A Multi-Bagger
Aug 13Investors Appear Satisfied With Spring Airlines Co., Ltd.'s (SHSE:601021) Prospects
Jul 13Calculating The Fair Value Of Spring Airlines Co., Ltd. (SHSE:601021)
Jun 21Is Spring Airlines (SHSE:601021) Using Too Much Debt?
May 21Results: Spring Airlines Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
May 02Investors Still Waiting For A Pull Back In Spring Airlines Co., Ltd. (SHSE:601021)
Apr 08Capital Allocation Trends At Spring Airlines (SHSE:601021) Aren't Ideal
Mar 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601021's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601021's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Spring Airlines Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601021) | 1.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Airlines) | 3.9% |
| Analyst forecast (601021) (up to 3 years) | 2.1% |
Notable Dividend: 601021's dividend (1.21%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601021's dividend (1.21%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.3%), 601021's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601021 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 09:43 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Spring Airlines Co., Ltd. is covered by 29 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Gee | BofA Global Research |
| Yichao Han | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |