Hengdian Group Tospo Lighting Dividend
Dividend criteria checks 4/6
Hengdian Group Tospo Lighting is a dividend paying company with a current yield of 2.83% that is well covered by earnings.
Key information
2.8%
Dividend yield
41%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.333 |
Earnings per share | CN¥0.81 |
Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
No updates
Recent updates
Estimating The Intrinsic Value Of Hengdian Group Tospo Lighting Co., Ltd. (SHSE:603303)
Aug 02Is Hengdian Group Tospo Lighting (SHSE:603303) Using Too Much Debt?
Mar 29Why Hengdian Group Tospo Lighting's (SHSE:603303) Earnings Are Better Than They Seem
Mar 13Hengdian Group Tospo Lighting Co., Ltd. (SHSE:603303) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603303 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603303's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Hengdian Group Tospo Lighting Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603303) | 2.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 1.9% |
Analyst forecast in 3 Years (603303) | 4.9% |
Notable Dividend: 603303's dividend (2.83%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603303's dividend (2.83%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.3%), 603303's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.6%), 603303's dividend payments are well covered by cash flows.