Hisense Home Appliances Group Co., Ltd.

SHSC:921 Stock Report

Market Cap: HK$54.0b

Hisense Home Appliances Group Dividend

Dividend criteria checks 2/6

Hisense Home Appliances Group is a dividend paying company with a current yield of 2.65% that is well covered by earnings. Next payment date is on 15th August, 2024 with an ex-dividend date of 28th June, 2024.

Key information

2.6%

Dividend yield

43%

Payout ratio

Industry average yield4.3%
Next dividend pay date15 Aug 24
Ex dividend date28 Jun 24
Dividend per sharen/a
Earnings per shareHK$2.35
Dividend yield forecast in 3Y4.4%

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodayJun 13 2024Ex Dividend DateJun 28 2024Dividend Pay DateAug 15 202448 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 921 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 921's dividend payments have increased, but the company has only paid a dividend for 8 years.


Dividend Yield vs Market

Hisense Home Appliances Group Dividend Yield vs Market
How does 921 dividend yield compare to the market?
SegmentDividend Yield
Company (921)2.6%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)7.8%
Industry Average (Consumer Durables)4.3%
Analyst forecast in 3 Years (921)4.4%

Notable Dividend: 921's dividend (2.65%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.25%).

High Dividend: 921's dividend (2.65%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.77%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.1%), 921's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (15.6%), 921's dividend payments are well covered by cash flows.


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