Qingdao Hanhe CableLtd Dividends and Buybacks
Dividend criteria checks 3/6
Qingdao Hanhe CableLtd is a dividend paying company with a current yield of 1.07% that is well covered by earnings.
Key information
1.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.5% |
| Dividend Growth | -7.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.036 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Investors Met With Slowing Returns on Capital At Qingdao Hanhe CableLtd (SZSE:002498)
Oct 17
Why Investors Shouldn't Be Surprised By Qingdao Hanhe Cable Co.,Ltd's (SZSE:002498) Low P/E
Sep 25Is Qingdao Hanhe CableLtd (SZSE:002498) A Risky Investment?
Aug 20Are Investors Undervaluing Qingdao Hanhe Cable Co.,Ltd (SZSE:002498) By 24%?
Aug 01Qingdao Hanhe Cable Co.,Ltd's (SZSE:002498) Share Price Is Matching Sentiment Around Its Earnings
Jun 25Qingdao Hanhe CableLtd (SZSE:002498) Has Announced A Dividend Of CN¥0.036
Jun 07Qingdao Hanhe CableLtd (SZSE:002498) Is Doing The Right Things To Multiply Its Share Price
May 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002498's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002498's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Qingdao Hanhe CableLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002498) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002498) (up to 3 years) | 1.5% |
Notable Dividend: 002498's dividend (1.07%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002498's dividend (1.07%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.8%), 002498's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24%), 002498's dividend payments are well covered by cash flows.