Glorious Sun Enterprises Limited

SEHK:393 Stock Report

Market Cap: HK$1.3b

Glorious Sun Enterprises Dividend

Dividend criteria checks 1/6

Glorious Sun Enterprises is a dividend paying company with a current yield of 7.23%. Next payment date is on 19th June, 2024 with an ex-dividend date of 28th May, 2024.

Key information

7.2%

Dividend yield

238%

Payout ratio

Industry average yield5.0%
Next dividend pay date19 Jun 24
Ex dividend date28 May 24
Dividend per sharen/a
Earnings per shareHK$0.029
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Glorious Sun Enterprises (HKG:393) Has Announced That It Will Be Increasing Its Dividend To HK$0.048

May 04
Glorious Sun Enterprises (HKG:393) Has Announced That It Will Be Increasing Its Dividend To HK$0.048

We Think Glorious Sun Enterprises' (HKG:393) Healthy Earnings Might Be Conservative

Apr 25
We Think Glorious Sun Enterprises' (HKG:393) Healthy Earnings Might Be Conservative

Glorious Sun Enterprises (HKG:393) Will Pay A Larger Dividend Than Last Year At HK$0.048

Apr 20
Glorious Sun Enterprises (HKG:393) Will Pay A Larger Dividend Than Last Year At HK$0.048

Glorious Sun Enterprises (HKG:393) Has Announced A Dividend Of HK$0.048

Mar 28
Glorious Sun Enterprises (HKG:393) Has Announced A Dividend Of HK$0.048

Glorious Sun Enterprises' (HKG:393) Dividend Will Be HK$0.02

Aug 31
Glorious Sun Enterprises' (HKG:393) Dividend Will Be HK$0.02

Glorious Sun Enterprises (HKG:393) Will Pay A Dividend Of HK$0.04

Mar 29
Glorious Sun Enterprises (HKG:393) Will Pay A Dividend Of HK$0.04

Glorious Sun Enterprises' (HKG:393) Dividend Will Be HK$0.02

Aug 26
Glorious Sun Enterprises' (HKG:393) Dividend Will Be HK$0.02

Glorious Sun Enterprises (HKG:393) Has Announced That Its Dividend Will Be Reduced To HK$0.04

May 25
Glorious Sun Enterprises (HKG:393) Has Announced That Its Dividend Will Be Reduced To HK$0.04

Glorious Sun Enterprises (HKG:393) Will Pay A Larger Dividend Than Last Year At HK$0.02

Aug 26
Glorious Sun Enterprises (HKG:393) Will Pay A Larger Dividend Than Last Year At HK$0.02

Glorious Sun Enterprises Limited's (HKG:393) CEO Compensation Looks Acceptable To Us And Here's Why

May 26
Glorious Sun Enterprises Limited's (HKG:393) CEO Compensation Looks Acceptable To Us And Here's Why

What To Know Before Buying Glorious Sun Enterprises Limited (HKG:393) For Its Dividend

Feb 24
What To Know Before Buying Glorious Sun Enterprises Limited (HKG:393) For Its Dividend

Does Glorious Sun Enterprises's (HKG:393) Statutory Profit Adequately Reflect Its Underlying Profit?

Jan 29
Does Glorious Sun Enterprises's (HKG:393) Statutory Profit Adequately Reflect Its Underlying Profit?

What Percentage Of Glorious Sun Enterprises Limited (HKG:393) Shares Do Insiders Own?

Jan 04
What Percentage Of Glorious Sun Enterprises Limited (HKG:393) Shares Do Insiders Own?

Glorious Sun Enterprises (HKG:393) Long Term Shareholders are 7.8% In The Black

Dec 14
Glorious Sun Enterprises (HKG:393) Long Term Shareholders are 7.8% In The Black

Key Things To Watch Out For If You Are After Glorious Sun Enterprises Limited's (HKG:393) 7.5% Dividend

Nov 26
Key Things To Watch Out For If You Are After Glorious Sun Enterprises Limited's (HKG:393) 7.5% Dividend

Upcoming Dividend Payment

TodayMay 10 2024Ex Dividend DateMay 28 2024Dividend Pay DateJun 19 202422 days from Ex DividendBuy in the next 18 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 393's dividend payments have been volatile in the past 10 years.

Growing Dividend: 393's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Glorious Sun Enterprises Dividend Yield vs Market
How does 393 dividend yield compare to the market?
SegmentDividend Yield
Company (393)7.2%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)7.8%
Industry Average (Specialty Retail)5.0%
Analyst forecast in 3 Years (393)n/a

Notable Dividend: 393's dividend (7.23%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).

High Dividend: 393's dividend (7.23%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.79%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (237.7%), 393's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (131.6%), 393's dividend payments are not well covered by cash flows.


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