Shenzhen Investment Holdings Bay Area Development Dividend
Dividend criteria checks 2/6
Shenzhen Investment Holdings Bay Area Development is a dividend paying company with a current yield of 10.87%. Next payment date is on 15th July, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
10.9%
Dividend yield
100%
Payout ratio
| Industry average yield | 6.7% |
| Next dividend pay date | 15 Jul 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.17 |
| Dividend yield forecast in 3Y | 8.2% |
Recent dividend updates
Recent updates
Returns At Shenzhen Investment Holdings Bay Area Development (HKG:737) Are On The Way Up
Mar 01
Shenzhen Investment Holdings Bay Area Development (HKG:737) Has A Somewhat Strained Balance Sheet
Jan 03Is There Now An Opportunity In Shenzhen Investment Holdings Bay Area Development Company Limited (HKG:737)?
Aug 21Is Shenzhen Investment Holdings Bay Area Development (HKG:737) A Risky Investment?
Mar 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 737's dividend payments have been volatile in the past 10 years.
Growing Dividend: 737's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Shenzhen Investment Holdings Bay Area Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (737) | 10.9% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.3% |
| Industry Average (Infrastructure) | 6.7% |
| Analyst forecast in 3 Years (737) | 8.2% |
Notable Dividend: 737's dividend (10.87%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.45%).
High Dividend: 737's dividend (10.87%) is in the top 25% of dividend payers in the Hong Kong market (8.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99.7%), 737's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (286%), 737's dividend payments are not well covered by cash flows.