Chengdu Haoneng Technology Dividend
Dividend criteria checks 2/6
Chengdu Haoneng Technology is a dividend paying company with a current yield of 1.66% that is well covered by earnings.
Key information
1.7%
Dividend yield
36%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.38 |
| Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
No updates
Recent updates
Chengdu Haoneng Technology (SHSE:603809) Has A Somewhat Strained Balance Sheet
May 24
Chengdu Haoneng Technology Co., Ltd. (SHSE:603809) Stock Catapults 26% Though Its Price And Business Still Lag The Market
May 03Market Still Lacking Some Conviction On Chengdu Haoneng Technology Co., Ltd. (SHSE:603809)
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603809 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603809 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Chengdu Haoneng Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603809) | 1.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Auto Components) | 1.9% |
| Analyst forecast in 3 Years (603809) | 3.3% |
Notable Dividend: 603809's dividend (1.66%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603809's dividend (1.66%) is low compared to the top 25% of dividend payers in the CN market (2.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.8%), 603809's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603809 is paying a dividend but the company has no free cash flows.