Hangzhou Freely Communication Co., Ltd.

SHSE:603602 Stock Report

Market Cap: CN¥2.5b

Hangzhou Freely Communication Dividend

Dividend criteria checks 1/6

Hangzhou Freely Communication is a dividend paying company with a current yield of 0.49% that is well covered by earnings.

Key information

0.5%

Dividend yield

37%

Payout ratio

Industry average yield3.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.060
Earnings per shareCN¥0.16
Dividend yield forecastn/a

Recent dividend updates

Recent updates

Hangzhou Freely Communication's (SHSE:603602) Shareholders May Want To Dig Deeper Than Statutory Profit

Aug 29
Hangzhou Freely Communication's (SHSE:603602) Shareholders May Want To Dig Deeper Than Statutory Profit

Pinning Down Hangzhou Freely Communication Co., Ltd.'s (SHSE:603602) P/E Is Difficult Right Now

Jul 29
Pinning Down Hangzhou Freely Communication Co., Ltd.'s (SHSE:603602) P/E Is Difficult Right Now

Hangzhou Freely Communication's (SHSE:603602) Upcoming Dividend Will Be Larger Than Last Year's

Jun 28
Hangzhou Freely Communication's (SHSE:603602) Upcoming Dividend Will Be Larger Than Last Year's

Hangzhou Freely Communication Co., Ltd.'s (SHSE:603602) 27% Share Price Surge Not Quite Adding Up

Mar 04
Hangzhou Freely Communication Co., Ltd.'s (SHSE:603602) 27% Share Price Surge Not Quite Adding Up

Stability 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
How does 603602 dividend yield compare to the market?
SegmentDividend Yield
Company (603602)0.5%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.7%
Industry Average (Construction)3.5%
Analyst forecast (603602) (up to 3 years)n/a

Notable Dividend: 603602's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.74%).

High Dividend: 603602's dividend (0.49%) is low compared to the top 25% of dividend payers in the CN market (2.71%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.6%), 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.


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