China Cinda Asset Management Dividends and Buybacks
Dividend criteria checks 3/6
China Cinda Asset Management is a dividend paying company with a current yield of 4.1% that is well covered by earnings.
Key information
4.1%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.0496 |
| Payout ratio | 83% |
Recent dividend and buyback updates
Recent updates
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) | 4.1% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Capital Markets) | 2.7% |
| Analyst forecast (1359) (up to 3 years) | 4.9% |
Notable Dividend: 1359's dividend (4.1%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 1359's dividend (4.1%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.06%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.7%), 1359's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.4%), 1359's dividend payments are thoroughly covered by cash flows.