Seacon Shipping Group Holdings Dividends and Buybacks
Dividend criteria checks 2/6
Seacon Shipping Group Holdings is a dividend paying company with a current yield of 3.7% that is well covered by earnings.
Key information
3.7%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.150 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether K2N's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if K2N's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Seacon Shipping Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (K2N) | 3.7% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Shipping) | 6.2% |
| Analyst forecast (K2N) (up to 3 years) | n/a |
Notable Dividend: K2N's dividend (3.7%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: K2N's dividend (3.7%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.5%), K2N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: K2N is paying a dividend but the company has no free cash flows.