Quanzhou Huixin Micro-credit Dividend
Dividend criteria checks 4/6
Quanzhou Huixin Micro-credit is a dividend paying company with a current yield of 10% that is well covered by earnings. Next payment date is on 15th August, 2024 with an ex-dividend date of 13th June, 2024.
Key information
10.0%
Dividend yield
52%
Payout ratio
| Industry average yield | 6.5% |
| Next dividend pay date | 15 Aug 24 |
| Ex dividend date | 13 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.095 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Quanzhou Huixin Micro-credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.059
Jun 13
Quanzhou Huixin Micro-Credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.061
Jun 13Recent updates
Fewer Investors Than Expected Jumping On Quanzhou Huixin Micro-credit Co., Ltd. (HKG:1577)
Feb 14With EPS Growth And More, Quanzhou Huixin Micro-credit (HKG:1577) Makes An Interesting Case
Oct 18Quanzhou Huixin Micro-credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.059
Jun 13Quanzhou Huixin Micro-Credit (HKG:1577) Has Re-Affirmed Its Dividend Of HK$0.061
Jun 13Consider This Before Buying Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) For The 5.2% Dividend
Apr 02If You Had Bought Quanzhou Huixin Micro-Credit's (HKG:1577) Shares Three Years Ago You Would Be Down 22%
Jan 28Trade Alert: Weiqi Wu At Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577), Has Just Spent CN¥433k Buying 1.3% More Shares
Jan 07Does It Make Sense To Buy Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) For Its Yield?
Jan 02
Is Quanzhou Huixin Micro-Credit Co., Ltd. (HKG:1577) Popular Amongst Insiders?
Dec 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1577 has been paying a dividend for less than 10 years.
Growing Dividend: 1577 has only been paying a dividend for 7 years, and since then payments have not increased.
Dividend Yield vs Market
| Quanzhou Huixin Micro-credit Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1577) | 10.0% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Consumer Finance) | 6.5% |
| Analyst forecast in 3 Years (1577) | n/a |
Notable Dividend: 1577's dividend (10%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 1577's dividend (10%) 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 (52.5%), 1577's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.5%), 1577's dividend payments are covered by cash flows.