China Huirong Financial Holdings Dividend
Dividend criteria checks 1/6
China Huirong Financial Holdings is a dividend paying company with a current yield of 2.05% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
2.1%
Dividend yield
43%
Payout ratio
| Industry average yield | 6.0% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.043 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Why Investors Shouldn't Be Surprised By China Huirong Financial Holdings Limited's (HKG:1290) 29% Share Price Surge
Mar 06
Is China Huirong Financial Holdings Limited's (HKG:1290) Shareholder Ownership Skewed Towards Insiders?
Mar 14Should You Take Comfort From Insider Transactions At China Huirong Financial Holdings Limited (HKG:1290)?
Feb 14Factors Income Investors Should Consider Before Adding China Huirong Financial Holdings Limited (HKG:1290) To Their Portfolio
Jan 24
China Huirong Financial Holdings'(HKG:1290) Share Price Is Down 28% Over The Past Three Years.
Jan 03Here's What China Huirong Financial Holdings Limited's (HKG:1290) Shareholder Ownership Structure Looks Like
Dec 13Key Things To Understand About China Huirong Financial Holdings' (HKG:1290) CEO Pay Cheque
Nov 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1290 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1290 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| China Huirong Financial Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1290) | 2.1% |
| Market Bottom 25% (HK) | 3.0% |
| Market Top 25% (HK) | 7.4% |
| Industry Average (Consumer Finance) | 6.0% |
| Analyst forecast in 3 Years (1290) | n/a |
Notable Dividend: 1290's dividend (2.05%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.05%).
High Dividend: 1290's dividend (2.05%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.6%), 1290's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1290 is paying a dividend but the company has no free cash flows.