Hangcha Group Co., Ltd

SHSE:603298 Stock Report

Market Cap: CN¥28.2b

Hangcha Group Dividend

Dividend criteria checks 3/6

Hangcha Group is a dividend paying company with a current yield of 1.67% that is well covered by earnings.

Key information

1.7%

Dividend yield

26%

Payout ratio

Industry average yield1.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥1.93
Dividend yield forecast in 3Y3.4%

Recent dividend updates

No updates

Recent updates

Is Now The Time To Look At Buying Hangcha Group Co., Ltd (SHSE:603298)?

May 09
Is Now The Time To Look At Buying Hangcha Group Co., Ltd (SHSE:603298)?

Hangcha Group Co., Ltd Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Apr 26
Hangcha Group Co., Ltd Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

Apr 14
Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

These 4 Measures Indicate That Hangcha Group (SHSE:603298) Is Using Debt Reasonably Well

Mar 27
These 4 Measures Indicate That Hangcha Group (SHSE:603298) Is Using Debt Reasonably Well

We Like These Underlying Return On Capital Trends At Hangcha Group (SHSE:603298)

Feb 29
We Like These Underlying Return On Capital Trends At Hangcha Group (SHSE:603298)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 603298 has been paying a dividend for less than 10 years.

Growing Dividend: 603298's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Hangcha Group Dividend Yield vs Market
How does 603298 dividend yield compare to the market?
SegmentDividend Yield
Company (603298)1.7%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Machinery)1.8%
Analyst forecast in 3 Years (603298)3.4%

Notable Dividend: 603298's dividend (1.67%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).

High Dividend: 603298's dividend (1.67%) is low compared to the top 25% of dividend payers in the CN market (2.23%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26%), 603298's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (45.6%), 603298's dividend payments are well covered by cash flows.


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