Seacon Shipping Group Holdings Dividends and Buybacks
Dividend criteria checks 2/6
Seacon Shipping Group Holdings is a dividend paying company with a current yield of 3.78% that is well covered by earnings.
Key information
3.8%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.150 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2409's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2409's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Seacon Shipping Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2409) | 3.8% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Shipping) | 6.0% |
| Analyst forecast (2409) (up to 3 years) | n/a |
Notable Dividend: 2409's dividend (3.78%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.28%).
High Dividend: 2409's dividend (3.78%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.5%), 2409's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2409 is paying a dividend but the company has no free cash flows.