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 1.44% that is well covered by earnings. Last payment was on 23rd August, 2024 with an ex-dividend date of 23rd August, 2024.
Key information
1.4%
Dividend yield
15%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | 23 Aug 24 |
| Ex dividend date | 23 Aug 24 |
| Dividend per share | CN¥0.101 |
| Earnings per share | CN¥0.71 |
| Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Recent updates
China Railway Hi-tech Industry (SHSE:600528) Is Paying Out Less In Dividends Than Last Year
Aug 19
Capital Allocation Trends At China Railway Hi-tech Industry (SHSE:600528) Aren't Ideal
Jun 25China Railway Hi-tech Industry (SHSE:600528) Has A Somewhat Strained Balance Sheet
May 28China Railway Hi-tech Industry (SHSE:600528) Might Be Having Difficulty Using Its Capital Effectively
Mar 22Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600528) | 1.4% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Construction) | 3.6% |
| Analyst forecast in 3 Years (600528) | 1.4% |
Notable Dividend: 600528's dividend (1.44%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 600528's dividend (1.44%) is low compared to the top 25% of dividend payers in the CN market (2.75%).
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.