China New Higher Education Group Dividend
Dividend criteria checks 4/6
China New Higher Education Group is a dividend paying company with a current yield of 11.25% that is well covered by earnings. Next payment date is on 20th September, 2024 with an ex-dividend date of 23rd August, 2024.
Key information
11.3%
Dividend yield
48%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | 20 Sep 24 |
| Ex dividend date | 23 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.45 |
| Dividend yield forecast in 3Y | 15.6% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2001 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2001's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| China New Higher Education Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2001) | 11.3% |
| Market Bottom 25% (HK) | 3.1% |
| Market Top 25% (HK) | 7.6% |
| Industry Average (Consumer Services) | 5.0% |
| Analyst forecast in 3 Years (2001) | 15.6% |
Notable Dividend: 2001's dividend (11.25%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.43%).
High Dividend: 2001's dividend (11.25%) is in the top 25% of dividend payers in the Hong Kong market (8.84%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.6%), 2001's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.9%), 2001's dividend payments are well covered by cash flows.