Hangzhou Fortune Gas Cryogenic Group Dividends and Buybacks
Dividend criteria checks 3/6
Hangzhou Fortune Gas Cryogenic Group 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%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.370 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Hangzhou Fortune Gas Cryogenic Group Co., Ltd.'s (SHSE:603173) Shares Bounce 28% But Its Business Still Trails The Market
Nov 08
We Think Hangzhou Fortune Gas Cryogenic Group's (SHSE:603173) Profit Is Only A Baseline For What They Can Achieve
Nov 05Hangzhou Fortune Gas Cryogenic Group Co., Ltd.'s (SHSE:603173) Low P/E No Reason For Excitement
Jul 31Hangzhou Fortune Gas Cryogenic Group's (SHSE:603173) Strong Earnings Are Of Good Quality
Apr 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603173's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603173's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Hangzhou Fortune Gas Cryogenic Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603173) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603173) (up to 3 years) | n/a |
Notable Dividend: 603173's dividend (1.54%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603173's dividend (1.54%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.1%), 603173's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.3%), 603173's dividend payments are well covered by cash flows.