Chu Kong Shipping Enterprises (Group) Dividend
Dividend criteria checks 4/6
Chu Kong Shipping Enterprises (Group) is a dividend paying company with a current yield of 6.94% that is well covered by earnings.
Key information
6.9%
Dividend yield
49%
Payout ratio
| Industry average yield | 5.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.050 |
| Earnings per share | HK$0.10 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Chu Kong Shipping Enterprises (Group) (HKG:560) Has Re-Affirmed Its Dividend Of HK$0.02
Jun 02
Chu Kong Shipping Enterprises (Group) (HKG:560) Will Pay A Dividend Of HK$0.02
Apr 27Chu Kong Shipping Enterprises (Group) (HKG:560) Has Announced A Dividend Of HK$0.02
Mar 25Chu Kong Shipping Enterprises (Group) (HKG:560) Share Prices Have Dropped 60% In The Last Five Years
Dec 14
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 560's dividend payments have been volatile in the past 10 years.
Growing Dividend: 560's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chu Kong Shipping Enterprises (Group) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (560) | 6.9% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Shipping) | 5.3% |
| Analyst forecast in 3 Years (560) | n/a |
Notable Dividend: 560's dividend (6.94%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.44%).
High Dividend: 560's dividend (6.94%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.1%), 560's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.6%), 560's dividend payments are well covered by cash flows.