Hainan Strait ShippingLtd Dividends and Buybacks
Dividend criteria checks 4/6
Hainan Strait ShippingLtd is a dividend paying company with a current yield of 1.71% that is well covered by earnings.
Key information
1.7%
Dividend yield
4.6%
Buyback Yield
| Total Shareholder Yield | 6.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 16.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.116 |
| Payout ratio | 81% |
Recent dividend and buyback updates
Recent updates
Hainan Strait Shipping Co.,Ltd.'s (SZSE:002320) Popularity With Investors Is Clear
Dec 12
Returns on Capital Paint A Bright Future For Hainan Strait ShippingLtd (SZSE:002320)
Nov 25We Think You Can Look Beyond Hainan Strait ShippingLtd's (SZSE:002320) Lackluster Earnings
Nov 06Hainan Strait ShippingLtd (SZSE:002320) Seems To Use Debt Rather Sparingly
Aug 23Hainan Strait Shipping Co.,Ltd.'s (SZSE:002320) Shares May Have Run Too Fast Too Soon
Aug 01These 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 (002320) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Shipping) | 3.2% |
| Analyst forecast (002320) (up to 3 years) | n/a |
Notable Dividend: 002320's dividend (1.71%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002320's dividend (1.71%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.3%), 002320's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.4%), 002320's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 13:24 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hainan Strait Shipping Co.,Ltd. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yanli Qi | Bohai Securities Co., Ltd. |
| HongBo Zhang | Citic Securities Co., Ltd. |
| William Zhang | GF Securities Co. Ltd. |