AviChina Industry & Technology is a dividend paying company with a current yield of 2.72% that is well covered by earnings. Next payment date is on 30th June, 2024 with an ex-dividend date of 29th May, 2024.
Key information
2.7%
Dividend yield
28%
Payout ratio
Industry average yield
1.0%
Next dividend pay date
30 Jun 24
Ex dividend date
29 May 24
Dividend per share
n/a
Earnings per share
HK$0.31
Dividend yield forecast in 3Y
3.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2357's dividends per share have been stable in the past 10 years.
Growing Dividend: 2357's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
AviChina Industry & Technology Dividend Yield vs Market
How does 2357 dividend yield compare to the market?
Segment
Dividend Yield
Company (2357)
2.7%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
7.8%
Industry Average (Aerospace & Defense)
1.0%
Analyst forecast in 3 Years (2357)
3.8%
Notable Dividend: 2357's dividend (2.72%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 2357's dividend (2.72%) 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 (28.3%), 2357's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2357 is paying a dividend but the company has no free cash flows.