Hainan Strait ShippingLtd Dividends and Buybacks
Dividend criteria checks 4/6
Hainan Strait ShippingLtd is a dividend paying company with a current yield of 2.01% that is well covered by earnings.
Key information
2.0%
Dividend yield
5.2%
Buyback Yield
| Total Shareholder Yield | 7.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 17.3% |
| 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
Returns on Capital Paint A Bright Future For Hainan Strait ShippingLtd (SZSE:002320)
Nov 25
We 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) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Shipping) | 3.4% |
| Analyst forecast (002320) (up to 3 years) | n/a |
Notable Dividend: 002320's dividend (2.01%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002320's dividend (2.01%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
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.