China Railway Hi-tech Industry Corporation Limited

SHSE:600528 Stock Report

Market Cap: CN¥16.3b

China Railway Hi-tech Industry Dividend

Dividend criteria checks 3/6

China Railway Hi-tech Industry is a dividend paying company with a current yield of 1.36% that is well covered by earnings.

Key information

1.4%

Dividend yield

15%

Payout ratio

Industry average yield3.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.71
Dividend yield forecast in 3Y1.4%

Recent dividend updates

No updates

Recent updates

Capital Allocation Trends At China Railway Hi-tech Industry (SHSE:600528) Aren't Ideal

Jun 25
Capital Allocation Trends At China Railway Hi-tech Industry (SHSE:600528) Aren't Ideal

China Railway Hi-tech Industry (SHSE:600528) Has A Somewhat Strained Balance Sheet

May 28
China Railway Hi-tech Industry (SHSE:600528) Has A Somewhat Strained Balance Sheet

China Railway Hi-tech Industry (SHSE:600528) Might Be Having Difficulty Using Its Capital Effectively

Mar 22
China Railway Hi-tech Industry (SHSE:600528) Might Be Having Difficulty Using Its Capital Effectively

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600528's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600528's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

China Railway Hi-tech Industry Dividend Yield vs Market
How does 600528 dividend yield compare to the market?
SegmentDividend Yield
Company (600528)1.4%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.5%
Industry Average (Construction)3.4%
Analyst forecast in 3 Years (600528)1.4%

Notable Dividend: 600528's dividend (1.36%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).

High Dividend: 600528's dividend (1.36%) is low compared to the top 25% of dividend payers in the CN market (2.54%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (14.5%), 600528's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 600528 is paying a dividend but the company has no free cash flows.


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