Hangzhou Freely Communication Dividends and Buybacks
Dividend criteria checks 1/6
Hangzhou Freely Communication is a dividend paying company with a current yield of 0.39% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.7%
Buyback Yield
| Total Shareholder Yield | -0.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Hangzhou Freely Communication Co., Ltd.'s (SHSE:603602) P/S Is Still On The Mark Following 35% Share Price Bounce
Oct 18
Hangzhou Freely Communication (SHSE:603602) Has More To Do To Multiply In Value Going Forward
Sep 30Hangzhou Freely Communication's (SHSE:603602) Shareholders May Want To Dig Deeper Than Statutory Profit
Aug 29Pinning Down Hangzhou Freely Communication Co., Ltd.'s (SHSE:603602) P/E Is Difficult Right Now
Jul 29Hangzhou Freely Communication's (SHSE:603602) Upcoming Dividend Will Be Larger Than Last Year's
Jun 28Hangzhou Freely Communication Co., Ltd.'s (SHSE:603602) 27% Share Price Surge Not Quite Adding Up
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603602 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603602's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Hangzhou Freely Communication Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603602) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Construction) | 3.2% |
| Analyst forecast (603602) (up to 3 years) | n/a |
Notable Dividend: 603602's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603602's dividend (0.39%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), 603602's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603602 is paying a dividend but the company has no free cash flows.