Sunshine Insurance Group Dividend
Dividend criteria checks 3/6
Sunshine Insurance Group is a dividend paying company with a current yield of 6.08% that is well covered by earnings.
Key information
6.1%
Dividend yield
52%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.194 |
| Earnings per share | HK$0.35 |
| Dividend yield forecast | 7.1% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6963 has been paying a dividend for less than 10 years.
Growing Dividend: 6963 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Sunshine Insurance Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6963) | 6.1% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 7.9% |
| Industry Average (Insurance) | 3.0% |
| Analyst forecast (6963) (up to 3 years) | 7.1% |
Notable Dividend: 6963's dividend (6.08%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 6963's dividend (6.08%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.9%), 6963's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.6%), 6963's dividend payments are thoroughly covered by cash flows.