Chinasoft International Dividend
Dividend criteria checks 2/6
Chinasoft International is a dividend paying company with a current yield of 1.68% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
1.7%
Dividend yield
28%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 24 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.28 |
| Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 354 has been paying a dividend for less than 10 years.
Growing Dividend: 354's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Chinasoft International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (354) | 1.7% |
| Market Bottom 25% (HK) | 3.1% |
| Market Top 25% (HK) | 7.5% |
| Industry Average (IT) | 3.1% |
| Analyst forecast in 3 Years (354) | 3.2% |
Notable Dividend: 354's dividend (1.68%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.11%).
High Dividend: 354's dividend (1.68%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), 354's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.5%), 354's dividend payments are covered by cash flows.