Henan Thinker Automatic EquipmentLtd Dividend
Dividend criteria checks 3/6
Henan Thinker Automatic EquipmentLtd is a dividend paying company with a current yield of 3.46% that is well covered by earnings.
Key information
3.5%
Dividend yield
69%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.11 |
| Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
No updates
Recent updates
Henan Thinker Automatic EquipmentLtd's (SHSE:603508) Solid Profits Have Weak Fundamentals
May 03
We Like These Underlying Return On Capital Trends At Henan Thinker Automatic EquipmentLtd (SHSE:603508)
Apr 05A Look At The Intrinsic Value Of Henan Thinker Automatic Equipment Co.,Ltd. (SHSE:603508)
Mar 19There's No Escaping Henan Thinker Automatic Equipment Co.,Ltd.'s (SHSE:603508) Muted Earnings Despite A 27% Share Price Rise
Mar 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603508 has been paying a dividend for less than 10 years.
Growing Dividend: 603508's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Henan Thinker Automatic EquipmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603508) | 3.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (603508) | 3.8% |
Notable Dividend: 603508's dividend (3.46%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603508's dividend (3.46%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.8%), 603508's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (147.6%), 603508's dividend payments are not well covered by cash flows.