Zhongsheng Group Holdings Dividend
Dividend criteria checks 3/6
Zhongsheng Group Holdings is a dividend paying company with a current yield of 5.48% that is well covered by earnings. Next payment date is on 12th July, 2024 with an ex-dividend date of 26th June, 2024.
Key information
5.5%
Dividend yield
35%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | 12 Jul 24 |
| Ex dividend date | 26 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$2.10 |
| Dividend yield forecast in 3Y | 7.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 881's dividend payments have been volatile in the past 10 years.
Growing Dividend: 881's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhongsheng Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (881) | 5.5% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Specialty Retail) | 5.0% |
| Analyst forecast in 3 Years (881) | 7.5% |
Notable Dividend: 881's dividend (5.48%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 881's dividend (5.48%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), 881's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 881's cash payout ratio to determine if its dividend payments are covered by cash flows.