SINOPEC Engineering (Group) Dividends and Buybacks
Dividend criteria checks 2/6
SINOPEC Engineering (Group) is a dividend paying company with a current yield of 6.62% that is well covered by earnings.
Key information
6.6%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 7.1% |
| Future Dividend Yield | 8.8% |
| Dividend Growth | 7.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.373 |
| Payout ratio | 71% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2386's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2386's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| SINOPEC Engineering (Group) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2386) | 6.6% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Construction) | 5.3% |
| Analyst forecast (2386) (up to 3 years) | 8.8% |
Notable Dividend: 2386's dividend (6.62%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 2386's dividend (6.62%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.7%), 2386's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2386 is paying a dividend but the company has no free cash flows.