3SBio is a dividend paying company with a current yield of 3.65% that is well covered by earnings. Next payment date is on 5th August, 2024 with an ex-dividend date of 22nd July, 2024.
Key information
3.7%
Dividend yield
36%
Payout ratio
Industry average yield
1.8%
Next dividend pay date
05 Aug 24
Ex dividend date
22 Jul 24
Dividend per share
n/a
Earnings per share
€0.65
Dividend yield forecast in 3Y
3.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 83B has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 83B's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
3SBio Dividend Yield vs Market
How does 83B dividend yield compare to the market?
Segment
Dividend Yield
Company (83B)
3.7%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Biotechs)
1.8%
Analyst forecast in 3 Years (83B)
3.3%
Notable Dividend: 83B's dividend (3.65%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 83B's dividend (3.65%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.7%), 83B's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 83B's cash payout ratio to determine if its dividend payments are covered by cash flows.