Seacon Shipping Group Holdings Dividend
Dividend criteria checks 2/6
Seacon Shipping Group Holdings is a dividend paying company with a current yield of 4.53% that is well covered by earnings.
Key information
4.5%
Dividend yield
42%
Payout ratio
| Industry average yield | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | HK$0.042 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend 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) | 4.5% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Shipping) | 5.5% |
| Analyst forecast in 3 Years (2409) | n/a |
Notable Dividend: 2409's dividend (4.53%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 2409's dividend (4.53%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.4%), 2409's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 2409's cash payout ratio to determine if its dividend payments are covered by cash flows.