Hainan Strait ShippingLtd Dividend
Dividend criteria checks 4/6
Hainan Strait ShippingLtd is a dividend paying company with a current yield of 1.8% that is well covered by earnings.
Key information
1.8%
Dividend yield
58%
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¥0.20 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
These 4 Measures Indicate That Hainan Strait ShippingLtd (SZSE:002320) Is Using Debt Safely
Apr 30We Think Hainan Strait ShippingLtd's (SZSE:002320) Profit Is Only A Baseline For What They Can Achieve
Apr 05Shareholders Would Enjoy A Repeat Of Hainan Strait ShippingLtd's (SZSE:002320) Recent Growth In Returns
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002320's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002320's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Hainan Strait ShippingLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2320) | 1.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Shipping) | 3.2% |
Analyst forecast in 3 Years (2320) | n/a |
Notable Dividend: 002320's dividend (1.8%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002320's dividend (1.8%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.9%), 002320's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.3%), 002320's dividend payments are well covered by cash flows.