Spring Airlines Dividends and Buybacks
Dividend criteria checks 2/6
Spring Airlines is a dividend paying company with a current yield of 1.18% that is well covered by earnings.
Key information
1.2%
Dividend yield
0.004%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 11.6% |
| 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
Spring Airlines Co., Ltd.'s (SHSE:601021) Intrinsic Value Is Potentially 46% Above Its Share Price
Oct 16
Does 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 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601021's dividend payments have increased, but the company has only paid a dividend for 9 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) | 4.0% |
| Analyst forecast (601021) (up to 3 years) | 2.0% |
Notable Dividend: 601021's dividend (1.18%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601021's dividend (1.18%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
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.