Sany Heavy Equipment International Holdings Company Limited
SZSC:631 Stock Report
Market Cap: HK$16.1b
Sany Heavy Equipment International Holdings Dividend
Dividend criteria checks 2/6
Sany Heavy Equipment International Holdings is a dividend paying company with a current yield of 3.76% 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
3.8%
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
5.3%
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)
3.8%
Market Bottom 25% (HK)
3.3%
Market Top 25% (HK)
8.1%
Industry Average (Machinery)
3.0%
Analyst forecast in 3 Years (631)
5.3%
Notable Dividend: 631's dividend (3.76%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 631's dividend (3.76%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
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 (349.4%), 631's dividend payments are not well covered by cash flows.