Best Mart 360 Holdings Limited

SEHK:2360 Stock Report

Market Cap: HK$1.8b

Best Mart 360 Holdings Dividend

Dividend criteria checks 3/6

Best Mart 360 Holdings is a dividend paying company with a current yield of 7.61% that is well covered by earnings. Next payment date is on 13th June, 2024 with an ex-dividend date of 28th May, 2024.

Key information

7.6%

Dividend yield

86%

Payout ratio

Industry average yield2.3%
Next dividend pay date13 Jun 24
Ex dividend date28 May 24
Dividend per sharen/a
Earnings per shareHK$0.23
Dividend yield forecast in 3Yn/a

Recent dividend updates

Best Mart 360 Holdings (HKG:2360) Has Announced That It Will Be Increasing Its Dividend To HK$0.08

Nov 28
Best Mart 360 Holdings (HKG:2360) Has Announced That It Will Be Increasing Its Dividend To HK$0.08

Recent updates

Is Best Mart 360 Holdings (HKG:2360) Using Too Much Debt?

Mar 27
Is Best Mart 360 Holdings (HKG:2360) Using Too Much Debt?

Best Mart 360 Holdings (HKG:2360) Has Announced That It Will Be Increasing Its Dividend To HK$0.08

Nov 28
Best Mart 360 Holdings (HKG:2360) Has Announced That It Will Be Increasing Its Dividend To HK$0.08

Best Mart 360 Holdings (HKG:2360) Is Paying Out A Larger Dividend Than Last Year

Aug 21
Best Mart 360 Holdings (HKG:2360) Is Paying Out A Larger Dividend Than Last Year

We Think Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt With Ease

Aug 17
We Think Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt With Ease

Best Mart 360 Holdings (HKG:2360) Is Increasing Its Dividend To HK$0.08

Jul 08
Best Mart 360 Holdings (HKG:2360) Is Increasing Its Dividend To HK$0.08

Best Mart 360 Holdings (HKG:2360) Has Announced That Its Dividend Will Be Reduced To HK$0.015

Dec 01
Best Mart 360 Holdings (HKG:2360) Has Announced That Its Dividend Will Be Reduced To HK$0.015

Here's Why Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt Responsibly

Mar 18
Here's Why Best Mart 360 Holdings (HKG:2360) Can Manage Its Debt Responsibly

What Type Of Returns Would Best Mart 360 Holdings'(HKG:2360) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Feb 22
What Type Of Returns Would Best Mart 360 Holdings'(HKG:2360) Shareholders Have Earned If They Purchased Their SharesYear Ago?

What Kind Of Investors Own Most Of Best Mart 360 Holdings Limited (HKG:2360)?

Feb 04
What Kind Of Investors Own Most Of Best Mart 360 Holdings Limited (HKG:2360)?

Is Best Mart 360 Holdings Limited (HKG:2360) A Risky Dividend Stock?

Jan 18
Is Best Mart 360 Holdings Limited (HKG:2360) A Risky Dividend Stock?

Is Best Mart 360 Holdings Limited's (HKG:2360) Recent Stock Performance Influenced By Its Financials In Any Way?

Dec 31
Is Best Mart 360 Holdings Limited's (HKG:2360) Recent Stock Performance Influenced By Its Financials In Any Way?

Here's Why We're Wary Of Buying Best Mart 360 Holdings' (HKG:2360) For Its Upcoming Dividend

Dec 13
Here's Why We're Wary Of Buying Best Mart 360 Holdings' (HKG:2360) For Its Upcoming Dividend

Best Mart 360 Holdings (HKG:2360) Seems To Use Debt Quite Sensibly

Dec 09
Best Mart 360 Holdings (HKG:2360) Seems To Use Debt Quite Sensibly

Best Mart 360 Holdings' (HKG:2360) Stock Price Has Reduced 10% In The Past Year

Nov 21
Best Mart 360 Holdings' (HKG:2360) Stock Price Has Reduced 10% In The Past Year

Upcoming Dividend Payment

TodayMay 03 2024Ex Dividend DateMay 28 2024Dividend Pay DateJun 13 202416 days from Ex DividendBuy in the next 25 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2360 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 2360's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Best Mart 360 Holdings Dividend Yield vs Market
How does 2360 dividend yield compare to the market?
SegmentDividend Yield
Company (2360)7.6%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)8.0%
Industry Average (Consumer Retailing)2.3%
Analyst forecast in 3 Years (2360)n/a

Notable Dividend: 2360's dividend (7.61%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).

High Dividend: 2360's dividend (7.61%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (85.6%), 2360's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (40.7%), 2360's dividend payments are well covered by cash flows.


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