Spring Airlines Dividend
Dividend criteria checks 3/6
Spring Airlines is a dividend paying company with a current yield of 1.23% that is well covered by earnings.
Key information
1.2%
Dividend yield
25%
Payout ratio
Industry average yield | 4.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.78 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601021 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601021's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Spring Airlines Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601021) | 1.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Airlines) | 4.1% |
Analyst forecast in 3 Years (601021) | 2.2% |
Notable Dividend: 601021's dividend (1.23%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 601021's dividend (1.23%) is low compared to the top 25% of dividend payers in the CN market (2.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.2%), 601021's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.1%), 601021's dividend payments are covered by cash flows.