Dah Sing Banking Group Limited

SEHK:2356 Stock Report

Market Cap: HK$9.4b

Dah Sing Banking Group Dividend

Dividend criteria checks 5/6

Dah Sing Banking Group is a dividend paying company with a current yield of 8.98% that is well covered by earnings. Next payment date is on 20th June, 2024 with an ex-dividend date of 5th June, 2024.

Key information

9.0%

Dividend yield

45%

Payout ratio

Industry average yield7.5%
Next dividend pay date20 Jun 24
Ex dividend date05 Jun 24
Dividend per sharen/a
Earnings per shareHK$1.32
Dividend yield forecast in 3Y10.0%

Recent dividend updates

Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Apr 28
Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Mar 31
Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Dah Sing Banking Group's (HKG:2356) Dividend Will Be Increased To HK$0.11

Aug 25
Dah Sing Banking Group's (HKG:2356) Dividend Will Be Increased To HK$0.11

Recent updates

Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Apr 28
Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Mar 31
Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Dah Sing Banking Group's (HKG:2356) Dividend Will Be Increased To HK$0.11

Aug 25
Dah Sing Banking Group's (HKG:2356) Dividend Will Be Increased To HK$0.11

Dah Sing Banking Group (HKG:2356) Will Pay A Dividend Of HK$0.10

Aug 26
Dah Sing Banking Group (HKG:2356) Will Pay A Dividend Of HK$0.10

Dah Sing Banking Group's (HKG:2356) Dividend Will Be Increased To HK$0.24

Apr 28
Dah Sing Banking Group's (HKG:2356) Dividend Will Be Increased To HK$0.24

Dah Sing Banking Group's (HKG:2356) Dividend Will Be Increased To HK$0.24

Apr 04
Dah Sing Banking Group's (HKG:2356) Dividend Will Be Increased To HK$0.24

Dah Sing Banking Group's (HKG:2356) Upcoming Dividend Will Be Larger Than Last Year's

Aug 27
Dah Sing Banking Group's (HKG:2356) Upcoming Dividend Will Be Larger Than Last Year's

Is Dah Sing Banking Group Limited (HKG:2356) An Attractive Dividend Stock?

Feb 28
Is Dah Sing Banking Group Limited (HKG:2356) An Attractive Dividend Stock?

How Much Did Dah Sing Banking Group's(HKG:2356) Shareholders Earn From Share Price Movements Over The Last Three Years?

Jan 24
How Much Did Dah Sing Banking Group's(HKG:2356) Shareholders Earn From Share Price Movements Over The Last Three Years?

What Type Of Shareholders Own The Most Number of Dah Sing Banking Group Limited (HKG:2356) Shares?

Dec 20
What Type Of Shareholders Own The Most Number of Dah Sing Banking Group Limited (HKG:2356) Shares?

Should You Or Shouldn't You: A Dividend Analysis on Dah Sing Banking Group Limited (HKG:2356)

Nov 22
Should You Or Shouldn't You: A Dividend Analysis on Dah Sing Banking Group Limited (HKG:2356)

Upcoming Dividend Payment

TodayMay 04 2024Ex Dividend DateJun 05 2024Dividend Pay DateJun 20 202415 days from Ex DividendBuy in the next 32 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2356's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2356's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Dah Sing Banking Group Dividend Yield vs Market
How does 2356 dividend yield compare to the market?
SegmentDividend Yield
Company (2356)9.0%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)7.8%
Industry Average (Banks)7.5%
Analyst forecast in 3 Years (2356)10.0%

Notable Dividend: 2356's dividend (8.98%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).

High Dividend: 2356's dividend (8.98%) is in the top 25% of dividend payers in the Hong Kong market (7.95%)


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45.3%), 2356's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 2356's dividends in 3 years are forecast to be well covered by earnings (45.2% payout ratio).


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.