Rizhao Port Jurong Dividend
Dividend criteria checks 2/6
Rizhao Port Jurong is a dividend paying company with a current yield of 4.71% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 30th May, 2024.
Key information
4.7%
Dividend yield
18%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | 31 Jul 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.13 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Capital Allocation Trends At Rizhao Port Jurong (HKG:6117) Aren't Ideal
Oct 25
Rizhao Port Jurong (HKG:6117) Is Due To Pay A Dividend Of CN¥0.0271
May 21Here's What To Make Of Rizhao Port Jurong's (HKG:6117) Decelerating Rates Of Return
Feb 14Returns At Rizhao Port Jurong (HKG:6117) Appear To Be Weighed Down
Mar 25Calculating The Fair Value Of Rizhao Port Jurong Co., Ltd. (HKG:6117)
Feb 18Does Rizhao Port Jurong Co., Ltd. (HKG:6117) Have A Place In Your Dividend Portfolio?
Jan 14
The Returns At Rizhao Port Jurong (HKG:6117) Provide Us With Signs Of What's To Come
Dec 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6117 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6117 has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
| Rizhao Port Jurong Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6117) | 4.7% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Infrastructure) | 6.6% |
| Analyst forecast in 3 Years (6117) | n/a |
Notable Dividend: 6117's dividend (4.71%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.38%).
High Dividend: 6117's dividend (4.71%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.3%), 6117's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 6117's cash payout ratio to determine if its dividend payments are covered by cash flows.