Sheng Siong Group Dividend
Dividend criteria checks 4/6
Sheng Siong Group is a dividend paying company with a current yield of 4.11% that is well covered by earnings. Next payment date is on 17th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
4.1%
Dividend yield
69%
Payout ratio
| Industry average yield | 5.2% |
| Next dividend pay date | 17 May 24 |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | S$0.091 |
| Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Sheng Siong Group (SGX:OV8) Has Announced That It Will Be Increasing Its Dividend To SGD0.032
Apr 25
Sheng Siong Group (SGX:OV8) Is Reducing Its Dividend To SGD0.0305
Jul 31Recent updates
Sheng Siong Group (SGX:OV8) Has Announced That It Will Be Increasing Its Dividend To SGD0.032
Apr 25We Think Sheng Siong Group's (SGX:OV8) Healthy Earnings Might Be Conservative
Apr 09Sheng Siong Group Ltd (SGX:OV8) Investors Are Less Pessimistic Than Expected
Mar 05Capital Investments At Sheng Siong Group (SGX:OV8) Point To A Promising Future
Oct 30Sheng Siong Group (SGX:OV8) Is Reducing Its Dividend To SGD0.0305
Jul 31Capital Investment Trends At Sheng Siong Group (SGX:OV8) Look Strong
Jun 20Is Sheng Siong Group Ltd (SGX:OV8) Trading At A 37% Discount?
Apr 05Capital Investments At Sheng Siong Group (SGX:OV8) Point To A Promising Future
Nov 29Sheng Siong Group's (SGX:OV8) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 31Sheng Siong Group (SGX:OV8) Is Increasing Its Dividend To S$0.031
Apr 28Sheng Siong Group's (SGX:OV8) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 25These 4 Measures Indicate That Sheng Siong Group (SGX:OV8) Is Using Debt Safely
Feb 10Is Now The Time To Put Sheng Siong Group (SGX:OV8) On Your Watchlist?
Dec 29Here's What Sheng Siong Group's (SGX:OV8) Strong Returns On Capital Mean
Dec 06Sheng Siong Group (SGX:OV8) Could Easily Take On More Debt
Nov 02Sheng Siong Group Ltd's (SGX:OV8) Intrinsic Value Is Potentially 38% Above Its Share Price
May 15Returns On Capital - An Important Metric For Sheng Siong Group (SGX:OV8)
Mar 12We Think Sheng Siong Group (SGX:OV8) Can Manage Its Debt With Ease
Mar 02If You Like EPS Growth Then Check Out Sheng Siong Group (SGX:OV8) Before It's Too Late
Feb 16
Estimating The Intrinsic Value Of Sheng Siong Group Ltd (SGX:OV8)
Feb 03Is There More To The Story Than Sheng Siong Group's (SGX:OV8) Earnings Growth?
Jan 23Do Insiders Own Lots Of Shares In Sheng Siong Group Ltd (SGX:OV8)?
Jan 13Sheng Siong Group Ltd (SGX:OV8) Is Yielding 4.5% - But Is It A Buy?
Jan 03Sheng Siong Group Ltd (SGX:OV8) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Dec 24How Much is Sheng Siong Group's (SGX:OV8) CEO Getting Paid?
Dec 14Sheng Siong Group (SGX:OV8) Knows How To Allocate Capital Effectively
Dec 03Have Insiders Been Buying Sheng Siong Group Ltd (SGX:OV8) Shares This Year?
Nov 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OV8's dividend payments have been volatile in the past 10 years.
Growing Dividend: OV8's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sheng Siong Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OV8) | 4.1% |
| Market Bottom 25% (SG) | 2.8% |
| Market Top 25% (SG) | 6.2% |
| Industry Average (Consumer Retailing) | 5.2% |
| Analyst forecast in 3 Years (OV8) | 4.5% |
Notable Dividend: OV8's dividend (4.11%) is higher than the bottom 25% of dividend payers in the SG market (2.76%).
High Dividend: OV8's dividend (4.11%) is low compared to the top 25% of dividend payers in the SG market (6.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.7%), OV8's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.1%), OV8's dividend payments are covered by cash flows.