Sino-Ocean Service Holding Dividend
Dividend criteria checks 1/6
Sino-Ocean Service Holding is a dividend paying company with a current yield of 3.11% that is well covered by earnings. Next payment date is on 18th June, 2024 with an ex-dividend date of 4th June, 2024.
Key information
3.1%
Dividend yield
40%
Payout ratio
| Industry average yield | 5.5% |
| Next dividend pay date | 18 Jun 24 |
| Ex dividend date | 04 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.036 |
| Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Sino-Ocean Service Holding (HKG:6677) Has Announced That Its Dividend Will Be Reduced To CN¥0.0159
Apr 25
Sino-Ocean Service Holding (HKG:6677) Has Announced That Its Dividend Will Be Reduced To CN¥0.0159
Mar 29Recent updates
Sino-Ocean Service Holding (HKG:6677) Has Announced That Its Dividend Will Be Reduced To CN¥0.0159
Apr 25Sino-Ocean Service Holding (HKG:6677) Has Announced That Its Dividend Will Be Reduced To CN¥0.0159
Mar 29Sino-Ocean Service Holding Limited's (HKG:6677) 46% Share Price Surge Not Quite Adding Up
Feb 21Some Confidence Is Lacking In Sino-Ocean Service Holding Limited's (HKG:6677) P/S
Dec 30The Returns At Sino-Ocean Service Holding (HKG:6677) Aren't Growing
Oct 31Is Now The Time To Look At Buying Sino-Ocean Service Holding Limited (HKG:6677)?
Aug 23An Intrinsic Calculation For Sino-Ocean Service Holding Limited (HKG:6677) Suggests It's 21% Undervalued
Jul 21Sino-Ocean Service Holding (HKG:6677) Is Doing The Right Things To Multiply Its Share Price
Mar 10Should You Think About Buying Sino-Ocean Service Holding Limited (HKG:6677) Now?
Dec 19Returns On Capital Are Showing Encouraging Signs At Sino-Ocean Service Holding (HKG:6677)
Sep 23Sino-Ocean Service Holding's (HKG:6677) Upcoming Dividend Will Be Larger Than Last Year's
May 26Why We Like The Returns At Sino-Ocean Service Holding (HKG:6677)
Jan 28Market Participants Recognise Sino-Ocean Service Holding Limited's (HKG:6677) Earnings Pushing Shares 27% Higher
Apr 09Is Sino-Ocean Service Holding Limited's (HKG:6677) ROE Of 62% Impressive?
Mar 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6677 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6677 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Sino-Ocean Service Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6677) | 3.1% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Commercial Services) | 5.5% |
| Analyst forecast in 3 Years (6677) | 2.2% |
Notable Dividend: 6677's dividend (3.11%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 6677's dividend (3.11%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.5%), 6677's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6677 is paying a dividend but the company has no free cash flows.