SINOPEC Shangai Petrochemical Company, Ltd. (SHI) Dividends

SHI Price Forecast Based on Dividend Discount Model

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for SHI, the DDM model, as implemented by StockNews, implies a positive return of 1068.28% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Sinopec Shanghai Petrochemical Co Ltd are:

• Compared to other US stocks that pay a dividend, Sinopec Shanghai Petrochemical Co Ltd's dividend yield of 6.21% is in the top 9.97%.
• Amongst its dividend-issuing peers in the mid-sized market cap category, SHI's beta -- a measure of volatility relative to the market at large -- is lower than 90.76% of them.
• Regarding its relative worth based on the dividend discount model, Sinopec Shanghai Petrochemical Co Ltd's estimated return of 1068.28% surpasses about 90.9% of dividend issuers we applied the dividend discount model to.

SHI Dividends vs. Peers