Li Ning is a dividend paying company with a current yield of 2.84% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 17th June, 2024.
Key information
2.8%
Dividend yield
44%
Payout ratio
Industry average yield
3.1%
Next dividend pay date
28 Jun 24
Ex dividend date
17 Jun 24
Dividend per share
n/a
Earnings per share
HK$1.26
Dividend yield forecast in 3Y
3.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2331 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2331's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Li Ning Dividend Yield vs Market
How does 2331 dividend yield compare to the market?
Segment
Dividend Yield
Company (2331)
2.8%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
8.0%
Industry Average (Luxury)
3.1%
Analyst forecast in 3 Years (2331)
3.9%
Notable Dividend: 2331's dividend (2.84%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2331's dividend (2.84%) 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 (44.4%), 2331's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.9%), 2331's dividend payments are covered by cash flows.