Hubei Donper Electromechanical Group Dividend
Dividend criteria checks 4/6
Hubei Donper Electromechanical Group is a dividend paying company with a current yield of 4.42% that is well covered by earnings.
Key information
4.4%
Dividend yield
62%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.200 |
Earnings per share | CN¥0.32 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601956 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601956's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Hubei Donper Electromechanical Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601956) | 4.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (601956) | n/a |
Notable Dividend: 601956's dividend (4.42%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 601956's dividend (4.42%) is in the top 25% of dividend payers in the CN market (2.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.2%), 601956's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.8%), 601956's dividend payments are covered by cash flows.