China Shineway Pharmaceutical Group Dividends and Buybacks
Dividend criteria checks 4/6
China Shineway Pharmaceutical Group is a dividend paying company with a current yield of 6.71% that is well covered by earnings.
Key information
6.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.3% |
| Dividend Growth | 7.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.581 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2877's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2877's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Shineway Pharmaceutical Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2877) | 6.7% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Pharmaceuticals) | 3.8% |
| Analyst forecast (2877) (up to 3 years) | 8.3% |
Notable Dividend: 2877's dividend (6.71%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2877's dividend (6.71%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.9%), 2877's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.9%), 2877's dividend payments are well covered by cash flows.