Hang Zhou Radical Energy-Saving Technology Dividend
Dividend criteria checks 3/6
Hang Zhou Radical Energy-Saving Technology is a dividend paying company with a current yield of 2.82% that is well covered by earnings.
Key information
2.8%
Dividend yield
37%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Earnings per share | CN¥1.33 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Hang Zhou Radical Energy-Saving Technology's (SZSE:300652) Dividend Will Be Increased To CN¥0.50
May 23
Additional Considerations Required While Assessing Hang Zhou Radical Energy-Saving Technology's (SZSE:300652) Strong Earnings
May 06Hang Zhou Radical Energy-Saving Technology Co., Ltd.'s (SZSE:300652) Shares Bounce 34% But Its Business Still Trails The Market
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300652 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300652's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Hang Zhou Radical Energy-Saving Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300652) | 2.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Auto Components) | 2.0% |
| Analyst forecast in 3 Years (300652) | n/a |
Notable Dividend: 300652's dividend (2.82%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 300652's dividend (2.82%) is in the top 25% of dividend payers in the CN market (2.67%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.5%), 300652's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (624.4%), 300652's dividend payments are not well covered by cash flows.