China Cinda Asset Management Dividend
Dividend criteria checks 3/6
China Cinda Asset Management is a dividend paying company with a current yield of 6.77% that is well covered by earnings.
Key information
6.8%
Dividend yield
41%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.11 |
| Dividend yield forecast in 3Y | 10.0% |
Recent dividend updates
China Cinda Asset Management (HKG:1359) Will Pay A Smaller Dividend Than Last Year
Jun 22
China Cinda Asset Management's (HKG:1359) Dividend Will Be Increased To HK$0.12
Jun 28Recent updates
It's A Story Of Risk Vs Reward With China Cinda Asset Management Co., Ltd. (HKG:1359)
Jan 05China Cinda Asset Management (HKG:1359) Will Pay A Smaller Dividend Than Last Year
Jun 22China Cinda Asset Management's (HKG:1359) Dividend Will Be Increased To HK$0.12
Jun 28Here's What You Should Know About China Cinda Asset Management Co., Ltd.'s (HKG:1359) 7.7% Dividend Yield
Apr 07Would Shareholders Who Purchased China Cinda Asset Management's (HKG:1359) Stock Three Years Be Happy With The Share price Today?
Mar 03Is China Cinda Asset Management Co., Ltd. (HKG:1359) A Smart Pick For Income Investors?
Dec 24
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1359 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1359 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| China Cinda Asset Management Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1359) | 6.8% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Capital Markets) | 3.9% |
| Analyst forecast in 3 Years (1359) | 10.0% |
Notable Dividend: 1359's dividend (6.77%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1359's dividend (6.77%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41%), 1359's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.9%), 1359's dividend payments are thoroughly covered by cash flows.