SINOPEC Engineering (Group) Dividend
Dividend criteria checks 2/6
SINOPEC Engineering (Group) is a dividend paying company with a current yield of 6.64% that is well covered by earnings. Last payment was on 28th October, 2024 with an ex-dividend date of 3rd September, 2024.
Key information
6.6%
Dividend yield
71%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | 28 Oct 24 |
| Ex dividend date | 03 Sep 24 |
| Dividend per share | HK$0.373 |
| Earnings per share | HK$0.53 |
| Dividend yield forecast | 8.8% |
Recent dividend 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) | 3.2% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Construction) | 5.1% |
| Analyst forecast (2386) (up to 3 years) | 8.8% |
Notable Dividend: 2386's dividend (6.64%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.19%).
High Dividend: 2386's dividend (6.64%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.93%).
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.