Simcere Pharmaceutical Group is a dividend paying company with a current yield of 3.03% that is well covered by earnings. Next payment date is on 15th July, 2024 with an ex-dividend date of 18th June, 2024.
Key information
3.0%
Dividend yield
58%
Payout ratio
Industry average yield
2.4%
Next dividend pay date
15 Jul 24
Ex dividend date
18 Jun 24
Dividend per share
n/a
Earnings per share
€0.28
Dividend yield forecast in 3Y
3.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, S2P has been paying a dividend for less than 10 years.
Growing Dividend: S2P's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Simcere Pharmaceutical Group Dividend Yield vs Market
How does S2P dividend yield compare to the market?
Segment
Dividend Yield
Company (S2P)
3.0%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.6%
Industry Average (Pharmaceuticals)
2.4%
Analyst forecast in 3 Years (S2P)
3.4%
Notable Dividend: S2P's dividend (3.03%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: S2P's dividend (3.03%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.4%), S2P's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: S2P is paying a dividend but the company has no free cash flows.