Hunan Valin Wire & CableLtd Dividend
Dividend criteria checks 2/6
Hunan Valin Wire & CableLtd is a dividend paying company with a current yield of 0.6% that is well covered by earnings.
Key information
0.6%
Dividend yield
31%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.050 |
Earnings per share | CN¥0.16 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 001208 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 001208 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Hunan Valin Wire & CableLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (001208) | 0.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (001208) | n/a |
Notable Dividend: 001208's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 001208's dividend (0.6%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), 001208's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.4%), 001208's dividend payments are thoroughly covered by cash flows.