Sinofert Holdings is a dividend paying company with a current yield of 5% that is well covered by earnings. Next payment date is on 18th July, 2024 with an ex-dividend date of 13th June, 2024.
Key information
5.0%
Dividend yield
50%
Payout ratio
Industry average yield
4.8%
Next dividend pay date
18 Jul 24
Ex dividend date
13 Jun 24
Dividend per share
n/a
Earnings per share
HK$0.089
Dividend yield forecast in 3Y
5.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 297 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 297's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Sinofert Holdings Dividend Yield vs Market
How does 297 dividend yield compare to the market?
Segment
Dividend Yield
Company (297)
5.0%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
7.6%
Industry Average (Chemicals)
4.8%
Analyst forecast in 3 Years (297)
5.0%
Notable Dividend: 297's dividend (5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.18%).
High Dividend: 297's dividend (5%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (50%), 297's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16%), 297's dividend payments are well covered by cash flows.