Wuxi Hongsheng Heat Exchanger Manufacturing Dividends and Buybacks
Dividend criteria checks 3/6
Wuxi Hongsheng Heat Exchanger Manufacturing is a dividend paying company with a current yield of 1.54% that is well covered by earnings.
Key information
1.5%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 67% |
Recent dividend and buyback updates
No updates
Recent updates
Market Participants Recognise Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd.'s (SHSE:603090) Earnings Pushing Shares 30% Higher
Nov 12
We Think You Can Look Beyond Wuxi Hongsheng Heat Exchanger Manufacturing's (SHSE:603090) Lackluster Earnings
Nov 06The Return Trends At Wuxi Hongsheng Heat Exchanger Manufacturing (SHSE:603090) Look Promising
Oct 01Wuxi Hongsheng Heat Exchanger Manufacturing (SHSE:603090) Might Have The Makings Of A Multi-Bagger
Jun 06We Think Wuxi Hongsheng Heat Exchanger Manufacturing's (SHSE:603090) Solid Earnings Are Understated
Apr 05Not Many Are Piling Into Wuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd. (SHSE:603090) Just Yet
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603090 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603090's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Wuxi Hongsheng Heat Exchanger Manufacturing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603090) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (603090) (up to 3 years) | n/a |
Notable Dividend: 603090's dividend (1.54%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603090's dividend (1.54%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.8%), 603090's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.9%), 603090's dividend payments are well covered by cash flows.