Shangri-La Asia is a dividend paying company with a current yield of 2.74% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
2.7%
Dividend yield
37%
Payout ratio
Industry average yield
2.3%
Next dividend pay date
24 Jun 24
Ex dividend date
03 Jun 24
Dividend per share
n/a
Earnings per share
US$0.052
Dividend yield forecast in 3Y
4.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHAL.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHAL.Y's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Shangri-La Asia Dividend Yield vs Market
How does SHAL.Y dividend yield compare to the market?
Segment
Dividend Yield
Company (SHAL.Y)
2.7%
Market Bottom 25% (US)
1.6%
Market Top 25% (US)
4.8%
Industry Average (Hospitality)
2.3%
Analyst forecast in 3 Years (SHAL.Y)
4.2%
Notable Dividend: SHAL.Y's dividend (2.74%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: SHAL.Y's dividend (2.74%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), SHAL.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45%), SHAL.Y's dividend payments are well covered by cash flows.