Beijing Chunlizhengda Medical Instruments Co., Ltd.
SHSC:1858 Stock Report
Market Cap: HK$7.7b
Beijing Chunlizhengda Medical Instruments Dividend
Dividend criteria checks 3/6
Beijing Chunlizhengda Medical Instruments is a dividend paying company with a current yield of 3.47% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 2nd July, 2024.
Key information
3.5%
Dividend yield
51%
Payout ratio
Industry average yield
3.1%
Next dividend pay date
31 Jul 24
Ex dividend date
02 Jul 24
Dividend per share
n/a
Earnings per share
HK$0.72
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1858 has been paying a dividend for less than 10 years.
Growing Dividend: 1858's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Beijing Chunlizhengda Medical Instruments Dividend Yield vs Market
How does 1858 dividend yield compare to the market?
Segment
Dividend Yield
Company (1858)
3.5%
Market Bottom 25% (HK)
3.0%
Market Top 25% (HK)
7.4%
Industry Average (Medical Equipment)
3.1%
Analyst forecast in 3 Years (1858)
n/a
Notable Dividend: 1858's dividend (3.47%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.04%).
High Dividend: 1858's dividend (3.47%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.1%), 1858's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.4%), 1858's dividend payments are well covered by cash flows.