Dynagreen Environmental Protection Group Co., Ltd.
SHSC:1330 Stock Report
Market Cap: HK$8.5b
Dynagreen Environmental Protection Group Dividend
Dividend criteria checks 3/6
Dynagreen Environmental Protection Group is a dividend paying company with a current yield of 5.73% that is well covered by earnings. Next payment date is on 30th June, 2024 with an ex-dividend date of 6th May, 2024.
Key information
5.7%
Dividend yield
33%
Payout ratio
Industry average yield
5.4%
Next dividend pay date
30 Jun 24
Ex dividend date
06 May 24
Dividend per share
n/a
Earnings per share
HK$0.45
Dividend yield forecast in 3Y
5.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1330 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1330's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Dynagreen Environmental Protection Group Dividend Yield vs Market
How does 1330 dividend yield compare to the market?
Segment
Dividend Yield
Company (1330)
5.7%
Market Bottom 25% (HK)
3.3%
Market Top 25% (HK)
8.1%
Industry Average (Commercial Services)
5.4%
Analyst forecast in 3 Years (1330)
5.7%
Notable Dividend: 1330's dividend (5.73%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.29%).
High Dividend: 1330's dividend (5.73%) 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 (33.2%), 1330's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.8%), 1330's dividend payments are covered by cash flows.