Shanghai Shine-Link International Logistics Dividends and Buybacks
Dividend criteria checks 3/6
Shanghai Shine-Link International Logistics is a dividend paying company with a current yield of 3.7% that is well covered by earnings.
Key information
3.7%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.350 |
| Payout ratio | 87% |
Recent dividend and buyback 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 7 years.
Dividend Yield vs Market
| Shanghai Shine-Link International Logistics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603648) | 3.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Logistics) | 2.1% |
| Analyst forecast (603648) (up to 3 years) | n/a |
Notable Dividend: 603648's dividend (3.7%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603648's dividend (3.7%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.2%), 603648's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (97.4%), 603648's dividend payments are not well covered by cash flows.