Nanjing ShengHang Shipping Dividend
Dividend criteria checks 1/6
Nanjing ShengHang Shipping is a dividend paying company with a current yield of 0.59% that is well covered by earnings.
Key information
0.6%
Dividend yield
11%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.09 |
Dividend yield forecast in 3Y | 0.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 001205 has been paying a dividend for less than 10 years.
Growing Dividend: 001205's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Nanjing ShengHang Shipping Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1205) | 0.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Shipping) | 3.2% |
Analyst forecast in 3 Years (1205) | 0.6% |
Notable Dividend: 001205's dividend (0.59%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 001205's dividend (0.59%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.2%), 001205's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001205 is paying a dividend but the company has no free cash flows.