Yixin Group Dividend
Dividend criteria checks 2/6
Yixin Group is a dividend paying company with a current yield of 4.19% 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
4.2%
Dividend yield
32%
Payout ratio
Industry average yield | 6.3% |
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 | 6.8% |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (2858) | 4.2% |
Market Bottom 25% (HK) | 3.1% |
Market Top 25% (HK) | 7.6% |
Industry Average (Consumer Finance) | 6.3% |
Analyst forecast in 3 Years (2858) | 6.8% |
Notable Dividend: 2858's dividend (4.19%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.11%).
High Dividend: 2858's dividend (4.19%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.58%).
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.