Sany Heavy Equipment International Holdings Company Limited
SHSC:631 Stock Report
Market Cap: HK$20.6b
Sany Heavy Equipment International Holdings Dividend
Dividend criteria checks 1/6
Sany Heavy Equipment International Holdings is a dividend paying company with a current yield of 2.94% that is well covered by earnings. Next payment date is on 26th June, 2024 with an ex-dividend date of 5th June, 2024.
Key information
2.9%
Dividend yield
28%
Payout ratio
Industry average yield
3.0%
Next dividend pay date
26 Jun 24
Ex dividend date
05 Jun 24
Dividend per share
n/a
Earnings per share
HK$0.60
Dividend yield forecast in 3Y
4.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 631 has been paying a dividend for less than 10 years.
Growing Dividend: 631's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Sany Heavy Equipment International Holdings Dividend Yield vs Market
How does 631 dividend yield compare to the market?
Segment
Dividend Yield
Company (631)
2.9%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
7.8%
Industry Average (Machinery)
3.0%
Analyst forecast in 3 Years (631)
4.2%
Notable Dividend: 631's dividend (2.94%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 631's dividend (2.94%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.83%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.4%), 631's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (348.7%), 631's dividend payments are not well covered by cash flows.