SHZNF Shenzhen Expressway Corporation Limited — dividend yield, history & ex-dividend dates
Shenzhen Expressway Corporation Limited, together with its subsidiaries, primarily invests in, constructs, operates, and manages toll highways and roads, as well as other urban and transportation infrastructure in the People's Republic of China. It operates through Toll Road, Environmental Protection, and Others segments. The company offers recovery and solid waste management; clean energy power generation; construction management and highways operation management services for government and other enterprises; project development, road operation and maintenance, and construction consulting; entrusted management, advertising, finance leasing, and construction services under franchised arrangement services; property development and management; and electronic toll collection and clearing systems and services. It also provides environmental protection and infrastructure construction; capital market; wind power; kitchen waste disposal; commercial factoring; environmental and ecological monitoring agricultural science research; health, elderly care, and nursing; engineering; business and office; information technology; environment and facility; real estate; science and technology promotion and application; and real estate brokerage services. In addition, the company is involved in the leasing and management of apartments; manufacturing equipment; asphalt building materials; and ecological protection and environmental management industries. The company was incorporated in 1996 and is headquartered in Shenzhen, the People's Republic of China.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
Not Rated
How the Dividend Safety Score is built for SHZNF
| Input | Value | Points | Weight |
|---|---|---|---|
| Earnings payout ratio | Earnings payout ratio 50% (TTM to Mar 31, 2026) | 90 | 20% |
| FCF payout ratio | FCF payout ratio 20% (TTM to Mar 31, 2026) | 100 | 25% |
| Net debt / EBITDA | Net debt / EBITDA 6.9x (TTM to Mar 31, 2026) | 5 | 15% |
| Interest coverage | Interest coverage 2.2x (TTM to Mar 31, 2026) | 32 | 10% |
| Dividend record | 6 years of uninterrupted regular payments; suspension Jun 7, 2019, within 10 years: capped at 20 | 20 | 20% |
| Earnings stability | Net income positive in 5 of the last 5 fiscal years (FY2021–FY2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for SHZNF
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR -14.5% (2020–2025) | 0 | 25% |
| Consecutive annual increases | 0 consecutive annual increases (through 2025) | 10 | 20% |
| Payout headroom | Headroom from the earnings payout ratio 50% (TTM to Mar 31, 2026) | 84 | 20% |
| Earnings per share growth (3 years) | EPS CAGR -21.8% (FY2022–FY2025) | 0 | 15% |
| Revenue growth (3 years) | Revenue CAGR -1.3% (FY2022–FY2025) | 32 | 10% |
| 10-year dividend growth | 10-year dividend CAGR -7.4% (2015–2025) | 0 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
Key Metrics
Current Yield
7.55%
At the Oct 29, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$0.0718
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
A Annual
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
72
As of Oct 29, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$0.89 – $0.98
Closes through Oct 22, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio
-
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
28
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
0.77
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
SHZNF has raised its annual dividend in 12 separate years since May 1998, which ranks 932 among the 2,430 payers with a comparable record in our dataset. In 7 years the annual total fell by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
SHZNF's dividend yield rose from 7.55% to 7.55% over the past ~90 days (+0.00 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.00 pp from the share price ($0.95 on Aug 03, 2026 → $0.95 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 271 daily observations over the past 13 months (through Oct 22, 2026), SHZNF's current yield is higher than approximately 73% of them. Our stored price history for SHZNF covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.0360 A | Regular | N/A | Jul 13, 2026 | Jul 13, 2026 | Jul 14, 2026 |
| $0.0358 A | Regular | N/A | Jul 03, 2026 | Jul 06, 2026 | Aug 25, 2026 |
| $0.0340 A | Regular | N/A | Jul 14, 2025 | Jul 14, 2025 | Jul 15, 2025 |
| $0.0756 A | Regular | N/A | Jul 09, 2024 | Jul 09, 2024 | Jul 10, 2024 |
| $0.0650 I | Regular | N/A | May 31, 2023 | May 30, 2023 | May 31, 2023 |
| $0.0918 I | Regular | N/A | Jul 15, 2022 | Jul 14, 2022 | Jul 15, 2022 |
| $0.0674 I | Regular | N/A | Jun 01, 2021 | May 31, 2021 | Jun 01, 2021 |
| $0.0743 I | Regular | N/A | Jul 10, 2020 | Jul 09, 2020 | Jul 10, 2020 |
| $0.0469 A | Regular | Mar 23, 2018 | Jun 07, 2018 | Jun 08, 2018 | Jul 31, 2018 |
| $0.0320 A | Regular | Mar 17, 2017 | Jun 01, 2017 | Jun 02, 2017 | Jul 21, 2017 |
| $0.0521 A | Regular | Mar 18, 2016 | May 23, 2016 | May 24, 2016 | Jul 18, 2016 |
| $0.0736 A | Regular | Mar 20, 2015 | May 21, 2015 | May 22, 2015 | Jul 14, 2015 |
| $0.0260 A | Regular | Mar 19, 2014 | May 19, 2014 | May 20, 2014 | Jul 11, 2014 |
| $0.0212 A | Regular | Mar 22, 2013 | May 20, 2013 | May 21, 2013 | Jul 12, 2013 |
| $0.0251 A | Regular | Mar 28, 2012 | Jun 06, 2012 | Jun 07, 2012 | Jul 26, 2012 |
| $0.0245 A | Regular | Mar 25, 2011 | Apr 14, 2011 | Apr 15, 2011 | Aug 10, 2011 |
| $0.0176 A | Regular | N/A | Apr 12, 2010 | Apr 13, 2010 | Jul 13, 2010 |
| $0.0176 A | Regular | N/A | Apr 23, 2009 | Apr 24, 2009 | Jul 24, 2009 |
| $0.0228 A | Regular | N/A | Apr 02, 2008 | Apr 03, 2008 | Jul 04, 2008 |
| $0.0168 A | Regular | N/A | Mar 19, 2007 | Mar 20, 2007 | Jun 19, 2007 |
| $0.1200 A | Regular | N/A | May 11, 2006 | May 12, 2006 | Jul 31, 2006 |
| $0.1100 A | Regular | N/A | Mar 07, 2005 | Mar 08, 2005 | May 20, 2005 |
| $0.1900 A | Regular | N/A | Mar 22, 2004 | Mar 23, 2004 | May 06, 2004 |
| $0.1200 A | Regular | N/A | Apr 28, 2003 | Apr 29, 2003 | Jun 18, 2003 |
| $0.1000 A | Regular | N/A | Apr 29, 2002 | Apr 30, 2002 | Jun 20, 2002 |
| $0.1000 A | Regular | N/A | Feb 01, 2001 | Feb 02, 2001 | Mar 23, 2001 |
| $0.0600 A | Regular | N/A | Apr 17, 2000 | Apr 18, 2000 | May 31, 2000 |
| $0.0600 A | Regular | N/A | Apr 15, 1999 | Apr 16, 1999 | May 25, 1999 |
| $0.0375 A | Regular | N/A | May 08, 1998 | May 11, 1998 | Jun 19, 1998 |
Peer Comparison
Selected General Transportation dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| KMGIF | Kamigumi Co., Ltd. | 7.56% | 21.5% | 6 yrs | 74 |
| FGROF | FirstGroup plc | 3.49% | N/A | 3 yrs | 70 |
| SPASF | SATS Ltd | 1.92% | N/A | N/A | 58 |
| AEBI | Aebi Schmidt Holding AG | 0.88% | N/A | N/A | 36 |
Related Guides & Lists
SHZNF dividend — frequently asked questions
Does Shenzhen Expressway Corporation Limited pay a dividend?
Yes. Shenzhen Expressway Corporation Limited (SHZNF) currently pays a dividend. The annualized dividend is about $0.07 per share, a yield of approximately 7.55%.
What is Shenzhen Expressway Corporation Limited's dividend yield?
Shenzhen Expressway Corporation Limited's dividend yield is approximately 7.55%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Shenzhen Expressway Corporation Limited pay dividends?
Shenzhen Expressway Corporation Limited pays dividends annually — 1 time per year.
How long has Shenzhen Expressway Corporation Limited paid dividends?
Shenzhen Expressway Corporation Limited has 28 years of dividend payments on record.
Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.