Shoucheng Holdings is a dividend paying company with a current yield of 4.22%. Next payment date is on 5th August, 2024 with an ex-dividend date of 15th July, 2024.
Key information
4.2%
Dividend yield
98%
Payout ratio
Industry average yield
5.7%
Next dividend pay date
05 Aug 24
Ex dividend date
15 Jul 24
Dividend per share
n/a
Earnings per share
HK$0.055
Dividend yield forecast in 3Y
8.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 697 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 697 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Shoucheng Holdings Dividend Yield vs Market
How does 697 dividend yield compare to the market?
Segment
Dividend Yield
Company (697)
4.2%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
7.6%
Industry Average (Real Estate)
5.7%
Analyst forecast in 3 Years (697)
8.5%
Notable Dividend: 697's dividend (4.22%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 697's dividend (4.22%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (98.4%), 697's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (457%), 697's dividend payments are not well covered by cash flows.