Hongrun Construction Group Dividend
Dividend criteria checks 5/6
Hongrun Construction Group is a dividend paying company with a current yield of 2.76% that is well covered by earnings.
Key information
2.8%
Dividend yield
35%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.28 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002062's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002062's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hongrun Construction Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2062) | 2.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Construction) | 3.4% |
| Analyst forecast in 3 Years (2062) | n/a |
Notable Dividend: 002062's dividend (2.76%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 002062's dividend (2.76%) is in the top 25% of dividend payers in the CN market (2.41%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.8%), 002062's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34%), 002062's dividend payments are well covered by cash flows.