Zhejiang HangKe Technology Dividend
Dividend criteria checks 3/6
Zhejiang HangKe Technology is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
24%
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¥1.28 |
Dividend yield forecast in 3Y | 3.1% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688006 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688006's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Zhejiang HangKe Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688006) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electrical) | 1.8% |
Analyst forecast in 3 Years (688006) | 3.1% |
Notable Dividend: 688006's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688006's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.7%), 688006's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.7%), 688006's dividend payments are covered by cash flows.