Yangzijiang Shipbuilding (Holdings) Dividend
Dividend criteria checks 4/6
Yangzijiang Shipbuilding (Holdings) is a dividend paying company with a current yield of 2.59% that is well covered by earnings.
Key information
2.6%
Dividend yield
34%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.04 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SO7's dividends per share have been stable in the past 10 years.
Growing Dividend: SO7's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Yangzijiang Shipbuilding (Holdings) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SO7) | 2.6% |
Market Bottom 25% (SG) | 2.7% |
Market Top 25% (SG) | 6.1% |
Industry Average (Machinery) | 3.0% |
Analyst forecast in 3 Years (SO7) | 4.2% |
Notable Dividend: SO7's dividend (2.59%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.68%).
High Dividend: SO7's dividend (2.59%) is low compared to the top 25% of dividend payers in the SG market (6.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.6%), SO7's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.1%), SO7's dividend payments are well covered by cash flows.