Shineroad International Holdings Dividend
Dividend criteria checks 2/6
Shineroad International Holdings is a dividend paying company with a current yield of 3.67% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
3.7%
Dividend yield
46%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 14 Jun 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.03 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Shineroad International Holdings' (HKG:1587) Dividend Will Be CN¥0.015
Apr 25
Shineroad International Holdings (HKG:1587) Is Due To Pay A Dividend Of CN¥0.015
Mar 29Recent updates
Shineroad International Holdings' (HKG:1587) Dividend Will Be CN¥0.015
Apr 25Some Confidence Is Lacking In Shineroad International Holdings Limited (HKG:1587) As Shares Slide 31%
Apr 23Shineroad International Holdings (HKG:1587) Is Due To Pay A Dividend Of CN¥0.015
Mar 29The Returns On Capital At Shineroad International Holdings (HKG:1587) Don't Inspire Confidence
Dec 04Shineroad International Holdings' (HKG:1587) Returns On Capital Not Reflecting Well On The Business
Dec 23Estimating The Intrinsic Value Of Shineroad International Holdings Limited (HKG:1587)
Jun 13Here's Why I Think Shineroad International Holdings (HKG:1587) Is An Interesting Stock
Mar 15Shineroad International Holdings (HKG:1587) Might Be Having Difficulty Using Its Capital Effectively
Jan 04Shineroad International Holdings (HKG:1587) Seems To Use Debt Rather Sparingly
Sep 11Here's Why I Think Shineroad International Holdings (HKG:1587) Might Deserve Your Attention Today
Aug 16There Are Reasons To Feel Uneasy About Shineroad International Holdings' (HKG:1587) Returns On Capital
Jun 12How Does Shineroad International Holdings Limited (HKG:1587) Fare As A Dividend Stock?
Apr 18Here's What To Make Of Shineroad International Holdings' (HKG:1587) Returns On Capital
Mar 14Has Shineroad International Holdings (HKG:1587) Got What It Takes To Become A Multi-Bagger?
Nov 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1587 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1587's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Shineroad International Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1587) | 3.7% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.2% |
| Industry Average (Consumer Retailing) | 2.5% |
| Analyst forecast in 3 Years (1587) | n/a |
Notable Dividend: 1587's dividend (3.67%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.39%).
High Dividend: 1587's dividend (3.67%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.7%), 1587's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1587 is paying a dividend but the company has no free cash flows.