Hefei Taihe Intelligent Technology GroupLtd Dividend
Dividend criteria checks 1/6
Hefei Taihe Intelligent Technology GroupLtd is a dividend paying company with a current yield of 0.49% that is well covered by earnings.
Key information
0.5%
Dividend yield
72%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.081 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603656 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603656 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Hefei Taihe Intelligent Technology GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603656) | 0.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (603656) | n/a |
Notable Dividend: 603656's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603656's dividend (0.49%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.4%), 603656's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603656 is paying a dividend but the company has no free cash flows.