South China Vocational Education Group Dividend
Dividend criteria checks 3/6
South China Vocational Education Group is a dividend paying company with a current yield of 12.6% that is well covered by earnings. Next payment date is on 18th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
12.6%
Dividend yield
52%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | 18 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.084 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
South China Vocational Education Group (HKG:6913) Is Reinvesting At Lower Rates Of Return
Oct 31
Returns On Capital Signal Tricky Times Ahead For South China Vocational Education Group (HKG:6913)
May 03South China Vocational Education Group's (HKG:6913) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Oct 05Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6913 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6913 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| South China Vocational Education Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6913) | 12.6% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Consumer Services) | 4.8% |
| Analyst forecast in 3 Years (6913) | n/a |
Notable Dividend: 6913's dividend (12.6%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 6913's dividend (12.6%) is in the top 25% of dividend payers in the Hong Kong market (8.02%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.7%), 6913's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (115.3%), 6913's dividend payments are not well covered by cash flows.