SIIC Environment Holdings is a dividend paying company with a current yield of 6.53% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
6.5%
Dividend yield
25%
Payout ratio
Industry average yield
7.3%
Next dividend pay date
31 May 24
Ex dividend date
16 May 24
Dividend per share
n/a
Earnings per share
HK$0.23
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 807 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 807's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
SIIC Environment Holdings Dividend Yield vs Market
How does 807 dividend yield compare to the market?
Segment
Dividend Yield
Company (807)
6.5%
Market Bottom 25% (HK)
3.2%
Market Top 25% (HK)
8.0%
Industry Average (Water Utilities)
7.3%
Analyst forecast in 3 Years (807)
n/a
Notable Dividend: 807's dividend (6.53%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 807's dividend (6.53%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.2%), 807's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.7%), 807's dividend payments are well covered by cash flows.