Changhong Huayi Compressor Co., Ltd.

SZSE:000404 Stock Report

Market Cap: CN¥4.8b

Changhong Huayi Compressor Dividend

Dividend criteria checks 5/6

Changhong Huayi Compressor is a dividend paying company with a current yield of 3.62% that is well covered by earnings.

Key information

3.6%

Dividend yield

41%

Payout ratio

Industry average yield1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.250
Earnings per shareCN¥0.61
Dividend yield forecast0%

Recent dividend updates

Changhong Huayi Compressor (SZSE:000404) Has Announced That It Will Be Increasing Its Dividend To CN¥0.25

Jun 20
Changhong Huayi Compressor (SZSE:000404) Has Announced That It Will Be Increasing Its Dividend To CN¥0.25

Recent updates

The Return Trends At Changhong Huayi Compressor (SZSE:000404) Look Promising

Sep 24
The Return Trends At Changhong Huayi Compressor (SZSE:000404) Look Promising

Changhong Huayi Compressor (SZSE:000404) Has Announced That It Will Be Increasing Its Dividend To CN¥0.25

Jun 20
Changhong Huayi Compressor (SZSE:000404) Has Announced That It Will Be Increasing Its Dividend To CN¥0.25

Changhong Huayi Compressor (SZSE:000404) Is Looking To Continue Growing Its Returns On Capital

Jun 07
Changhong Huayi Compressor (SZSE:000404) Is Looking To Continue Growing Its Returns On Capital

Does Changhong Huayi Compressor (SZSE:000404) Have A Healthy Balance Sheet?

Mar 04
Does Changhong Huayi Compressor (SZSE:000404) Have A Healthy Balance Sheet?

Changhong Huayi Compressor Co., Ltd. (SZSE:000404) Surges 31% Yet Its Low P/E Is No Reason For Excitement

Mar 04
Changhong Huayi Compressor Co., Ltd. (SZSE:000404) Surges 31% Yet Its Low P/E Is No Reason For Excitement

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 000404's dividend payments have been volatile in the past 10 years.

Growing Dividend: 000404's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Changhong Huayi Compressor Dividend Yield vs Market
How does 000404 dividend yield compare to the market?
SegmentDividend Yield
Company (000404)3.6%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Machinery)1.7%
Analyst forecast (000404) (up to 3 years)0%

Notable Dividend: 000404's dividend (3.62%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).

High Dividend: 000404's dividend (3.62%) is in the top 25% of dividend payers in the CN market (2.33%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41%), 000404's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (51.1%), 000404's dividend payments are covered by cash flows.


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