Saigon Fishing Net Dividend
Dividend criteria checks 3/6
Saigon Fishing Net is a dividend paying company with a current yield of 6.03% that is well covered by earnings. Next payment date is on 10th June, 2024 with an ex-dividend date of 9th May, 2024.
Key information
6.0%
Dividend yield
51%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 10 Jun 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₫3.24k |
| 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: SFN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SFN's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Saigon Fishing Net Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SFN) | 6.0% |
| Market Bottom 25% (VN) | 3.5% |
| Market Top 25% (VN) | 8.7% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast in 3 Years (SFN) | n/a |
Notable Dividend: SFN's dividend (6.03%) is higher than the bottom 25% of dividend payers in the VN market (3.5%).
High Dividend: SFN's dividend (6.03%) is low compared to the top 25% of dividend payers in the VN market (8.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.2%), SFN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.9%), SFN's dividend payments are covered by cash flows.