China New Higher Education Group Dividends and Buybacks
Dividend criteria checks 4/6
China New Higher Education Group is a dividend paying company with a current yield of 12.76% that is well covered by earnings.
Key information
12.8%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 12.7% |
| Future Dividend Yield | 19.4% |
| Dividend Growth | 37.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.241 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8CN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8CN's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| China New Higher Education Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (8CN) | 12.8% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Consumer Services) | 2.2% |
| Analyst forecast (8CN) (up to 3 years) | 19.4% |
Notable Dividend: 8CN's dividend (12.76%) is higher than the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: 8CN's dividend (12.76%) is in the top 25% of dividend payers in the German market (4.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20%), 8CN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.4%), 8CN's dividend payments are covered by cash flows.