Shanghai Shine-Link International Logistics Dividend
Dividend criteria checks 4/6
Shanghai Shine-Link International Logistics is a dividend paying company with a current yield of 3.92% that is well covered by earnings.
Key information
3.9%
Dividend yield
76%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.41 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603648 has been paying a dividend for less than 10 years.
Growing Dividend: 603648's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Shanghai Shine-Link International Logistics Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603648) | 3.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Logistics) | 1.8% |
Analyst forecast in 3 Years (603648) | n/a |
Notable Dividend: 603648's dividend (3.92%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603648's dividend (3.92%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.2%), 603648's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.5%), 603648's dividend payments are covered by cash flows.