Wenzhou Kangning Hospital Dividend
Dividend criteria checks 3/6
Wenzhou Kangning Hospital is a dividend paying company with a current yield of 5.54% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
5.6%
Dividend yield
35%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 03 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$1.17 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Estimating The Fair Value Of Wenzhou Kangning Hospital Co., Ltd. (HKG:2120)
Feb 28
Investors Continue Waiting On Sidelines For Wenzhou Kangning Hospital Co., Ltd. (HKG:2120)
Jan 19Wenzhou Kangning Hospital (HKG:2120) Has A Somewhat Strained Balance Sheet
Nov 23Wenzhou Kangning Hospital (HKG:2120) Could Be Struggling To Allocate Capital
Jun 16Returns Are Gaining Momentum At Wenzhou Kangning Hospital (HKG:2120)
Mar 23Is Wenzhou Kangning Hospital (HKG:2120) Using Too Much Debt?
Dec 06Returns On Capital Are Showing Encouraging Signs At Wenzhou Kangning Hospital (HKG:2120)
Aug 11Calculating The Fair Value Of Wenzhou Kangning Hospital Co., Ltd. (HKG:2120)
Jul 09Wenzhou Kangning Hospital (HKG:2120) Is Experiencing Growth In Returns On Capital
May 12Wenzhou Kangning Hospital (HKG:2120) Has A Pretty Healthy Balance Sheet
Apr 10Wenzhou Kangning Hospital Co., Ltd.'s (HKG:2120) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Feb 25Will Wenzhou Kangning Hospital (HKG:2120) Multiply In Value Going Forward?
Jan 17
Should You Use Wenzhou Kangning Hospital's (HKG:2120) Statutory Earnings To Analyse It?
Dec 23If You Had Bought Wenzhou Kangning Hospital's (HKG:2120) Shares Five Years Ago You Would Be Down 42%
Dec 10Can Mixed Fundamentals Have A Negative Impact on Wenzhou Kangning Hospital Co., Ltd. (HKG:2120) Current Share Price Momentum?
Nov 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2120 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2120's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Wenzhou Kangning Hospital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2120) | 5.6% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Healthcare) | 3.8% |
| Analyst forecast in 3 Years (2120) | n/a |
Notable Dividend: 2120's dividend (5.54%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2120's dividend (5.54%) 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 (34.7%), 2120's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.7%), 2120's dividend payments are covered by cash flows.