Dawnrays Pharmaceutical (Holdings) Limited

SEHK:2348 Stock Report

Mkt Cap: HK$2.0b

Dawnrays Pharmaceutical (Holdings) Dividend

What is Dawnrays Pharmaceutical (Holdings) current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.83%

Current Dividend Yield

Dividend Yield vs Market

Dawnrays Pharmaceutical (Holdings) Dividend Yield vs Market
How does 2348 dividend yield compare to the market?
SegmentDividend Yield
Company (2348)5.8%
Market Bottom 25% (HK)2.7%
Market Top 25% (HK)8.1%
Industry Average (Pharmaceuticals)2.1%
Analyst forecast in 3 Years (2348)n/a

Notable Dividend: 2348's dividend (5.83%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.69%).

High Dividend: 2348's dividend (5.83%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.05%).


Stability and Growth of Payments

How stable has Dawnrays Pharmaceutical (Holdings)'s dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/26/20230.0695.83
8/27/20220.0696.91
4/21/20220.0666.64
3/27/20220.0656.25
8/27/20210.0524.23
4/19/20210.0533.79
4/22/20200.0485.42
3/27/20200.0534.92
8/27/20190.0665.37
3/21/20190.0645.25
4/16/20180.064.03
3/22/20180.063.38
8/22/20170.0522.9
4/13/20170.0552.78
3/24/20170.0582.87
4/13/20160.0622.93
3/17/20160.0622.46
8/18/20150.0471.94
4/10/20150.0441.56
3/17/20150.0441.92
8/15/20140.0371.52
4/10/20140.0351.5
3/18/20140.0351.61
4/12/20130.0272.1
3/22/20130.0283.23
8/24/20120.0334.88
3/23/20120.0364.93

Stable Dividend: 2348's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2348's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27%), 2348's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (99.1%), 2348's dividend payments are not well covered by cash flows.


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