Spring Airlines Co (SHSE:601021) Forward Dividend Yield %: 2.77% (As of Jul. 14, 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:601021 Spring Airlines Co Ltd SHSE:601021
74 GF Score
Price ¥45.26
GF Value ¥66.14
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Spring Airlines Co Forward Dividend Yield %?

Spring Airlines Co SHSE:601021 +0.15% 74 Forward Dividend Yield % is 2.77% as of Jul. 14, 2026. GuruFocus rates SHSE:601021 with a GF Score™ of 74/100 and a GF Value™ of ¥66.14 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 644 Transportation companies, Spring Airlines Co ranks worse than 58.07% on this metric.

As of today (2026-07-14), the Forward Annual Dividend Yield of Spring Airlines Co is 2.77%.

As of today (2026-07-14), the Trailing Annual Dividend Yield of Spring Airlines Co is 2.77%.

SHSE:601021's Forward Dividend Yield % is ranked worse than
58.07% of 644 companies
in the Transportation industry
Industry Median: 3.165 vs SHSE:601021: 2.77

Spring Airlines Co's Dividends per Share for the three months ended in Mar. 2026 was ¥0.00.

During the past 12 months, Spring Airlines Co's average Dividends Per Share Growth Rate was 78.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Spring Airlines Co was 15.90% per year. The lowest was -1.60% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Spring Airlines Co  (SHSE:601021) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Spring Airlines Co Forward Dividend Yield % Related Terms


SHSE:601021 vs DAL, UAL, LUV: Forward Dividend Yield % Comparison

For the Airlines subindustry, Spring Airlines Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spring Airlines Co Forward Dividend Yield % vs Transportation Industry

For the Transportation industry and Industrials sector, Spring Airlines Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Spring Airlines Co's Forward Dividend Yield % falls into.


SHSE:601021
74GF Score
Spring Airlines Co Ltd SHSE:601021
Forward Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spring Airlines Co Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Spring Airlines Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.4300002025-10-172025-10-162025-10-17Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.8200002025-07-172025-07-162025-07-17Cash DividendannuallyCNY:CNY 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Spring Airlines Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.86/45.26
=1.90 %

Current Share Price is ¥45.26.
Spring Airlines Co's Dividends per Share for the forward twelve months is calculated as ¥0.43 * 2 = ¥0.86.

Spring Airlines Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.25/45.26
=2.76 %

Current Share Price is ¥45.26.
Spring Airlines Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥1.25.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Forward Dividend Yield % of 2.77% mean?
Spring Airlines Co (SHSE:601021) has a Forward Dividend Yield % of 2.77% as of Jul. 14, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Spring Airlines Co and its competitors. According to the industry distribution chart, Spring Airlines Co ranks #374 out of 644 companies in the Transportation industry, placing it in the top 58.1%.
Is Spring Airlines Co's Forward Dividend Yield % too high?
Spring Airlines Co's current Forward Dividend Yield % is 2.77%. The Transportation industry median Forward Dividend Yield % is 3.17. Spring Airlines Co's value of 2.77% is 12.5% below this industry median. Based on the distribution chart, Spring Airlines Co ranks #374 out of 644 companies in the Transportation industry, which is below the industry midpoint. Overall, Spring Airlines Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spring Airlines Co's Forward Dividend Yield % compare to DAL and UAL?
According to the Transportation industry distribution chart, Spring Airlines Co ranks #374 out of 644 companies for Forward Dividend Yield %. This places Spring Airlines Co in the lower half of its industry. The industry median Forward Dividend Yield % is 3.17. Spring Airlines Co's value of 2.77% is 12.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Transportation company?
The median Forward Dividend Yield % among Transportation companies is 3.17, based on 644 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spring Airlines Co's current Forward Dividend Yield % of 2.77% is 12.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Spring Airlines Co and its competitors. For the Transportation industry, the median Forward Dividend Yield % is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spring Airlines Co's current Forward Dividend Yield % is 2.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spring Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Spring Airlines Co (SHSE:601021) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥66.14, compared to a current price of ¥45.26 — trading 31.6% below its estimated fair value. The current Forward Dividend Yield % is 2.77% and 12.5% below the Transportation industry median of 3.17. Spring Airlines Co's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Spring Airlines Co (SHSE:601021), the current Forward Dividend Yield % is 2.77% as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spring Airlines Co (SHSE:601021) Overvalued in 2026?

Based on GuruFocus' analysis, Spring Airlines Co stock appears to be undervalued. The current stock price of ¥45.26 is trading 31.6% below its estimated GF Value™ of ¥66.14. GuruFocus considers Spring Airlines Co to be Significantly Undervalued.

Key valuation signals for SHSE:601021:

  • Forward Dividend Yield %: 2.77%
  • GF Value™: ¥66.14 vs. price of ¥45.26 (31.6% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 12.5% below the Transportation median (#374 of 644)

No single metric tells the full story. See the SHSE:601021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spring Airlines Co Business Description

Address No. 2599, Hongqiao Road, Spring Airlines Headquarters Office Building, Changning District, Shanghai, CHN, 200335
Spring Airlines Co Ltd is a China-based airline company, principally engaged in the airline transportation of passengers and freight. The company focuses on providing passenger and cargo air transportation services across mainland China, international routes, as well as Hong Kong, Macao, and Taiwan, along with other activities connected to the air transport industry.
74GF Score

Get the complete analysis for SHSE:601021

Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥45.26
Price
¥66.14
GF Value