Dawnrays Pharmaceutical (Holdings) Dividend
What is Dawnrays Pharmaceutical (Holdings) current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend 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 |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/26/2023 | 0.069 | 5.83 |
| 8/27/2022 | 0.069 | 6.91 |
| 4/21/2022 | 0.066 | 6.64 |
| 3/27/2022 | 0.065 | 6.25 |
| 8/27/2021 | 0.052 | 4.23 |
| 4/19/2021 | 0.053 | 3.79 |
| 4/22/2020 | 0.048 | 5.42 |
| 3/27/2020 | 0.053 | 4.92 |
| 8/27/2019 | 0.066 | 5.37 |
| 3/21/2019 | 0.064 | 5.25 |
| 4/16/2018 | 0.06 | 4.03 |
| 3/22/2018 | 0.06 | 3.38 |
| 8/22/2017 | 0.052 | 2.9 |
| 4/13/2017 | 0.055 | 2.78 |
| 3/24/2017 | 0.058 | 2.87 |
| 4/13/2016 | 0.062 | 2.93 |
| 3/17/2016 | 0.062 | 2.46 |
| 8/18/2015 | 0.047 | 1.94 |
| 4/10/2015 | 0.044 | 1.56 |
| 3/17/2015 | 0.044 | 1.92 |
| 8/15/2014 | 0.037 | 1.52 |
| 4/10/2014 | 0.035 | 1.5 |
| 3/18/2014 | 0.035 | 1.61 |
| 4/12/2013 | 0.027 | 2.1 |
| 3/22/2013 | 0.028 | 3.23 |
| 8/24/2012 | 0.033 | 4.88 |
| 3/23/2012 | 0.036 | 4.93 |
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.