Shanghai Gench Education Group (HKG:1525) Is Due To Pay A Dividend Of CN¥0.10

The board of Shanghai Gench Education Group Limited (HKG:1525) has announced that it will pay a dividend of CN¥0.10 per share on the 24th of October. Based on this payment, the dividend yield will be 6.8%, which is fairly typical for the industry.

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part – they are all under $10bn in marketcap – there is still time to get in early.

Shanghai Gench Education Group’s Payment Could Potentially Have Solid Earnings Coverage

We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. However, Shanghai Gench Education Group’s earnings easily cover the dividend. As a result, a large proportion of what it earned was being reinvested back into the business.

Over the next year, EPS could expand by 6.1% if recent trends continue. Assuming the dividend…