Shangri-La Asia is a dividend paying company with a current yield of 2.63% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
2.6%
Dividend yield
37%
Payout ratio
Industry average yield
3.0%
Next dividend pay date
14 Jun 24
Ex dividend date
03 Jun 24
Dividend per share
n/a
Earnings per share
€0.052
Dividend yield forecast in 3Y
4.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHN's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Shangri-La Asia Dividend Yield vs Market
How does SHN dividend yield compare to the market?
Segment
Dividend Yield
Company (SHN)
2.6%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.6%
Industry Average (Hospitality)
3.0%
Analyst forecast in 3 Years (SHN)
4.0%
Notable Dividend: SHN's dividend (2.63%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: SHN's dividend (2.63%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), SHN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45%), SHN's dividend payments are well covered by cash flows.