Yixin Group Dividend
Dividend criteria checks 2/6
Yixin Group is a dividend paying company with a current yield of 4.58% that is well covered by earnings. Next payment date is on 3rd June, 2024 with an ex-dividend date of 13th May, 2024.
Key information
4.6%
Dividend yield
32%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | 03 Jun 24 |
| Ex dividend date | 13 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.085 |
| Dividend yield forecast in 3Y | 7.5% |
Recent dividend updates
Recent updates
Yixin Group Limited (HKG:2858) Soars 30% But It's A Story Of Risk Vs Reward
Mar 11
Yixin Group Limited's (HKG:2858) Share Price Is Matching Sentiment Around Its Earnings
Jan 19Yixin Group Limited (HKG:2858) Investors Are Less Pessimistic Than Expected
Oct 18Here's Why We Think Yixin Group (HKG:2858) Is Well Worth Watching
Mar 03Update: Yixin Group (HKG:2858) Stock Gained 71% In The Last Year
Feb 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2858's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2858's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Yixin Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2858) | 4.6% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Consumer Finance) | 6.6% |
| Analyst forecast in 3 Years (2858) | 7.5% |
Notable Dividend: 2858's dividend (4.58%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 2858's dividend (4.58%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.5%), 2858's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2858 is paying a dividend but the company has no free cash flows.