Henan Tong-Da Cable Dividends and Buybacks
Dividend criteria checks 3/6
Henan Tong-Da Cable is a dividend paying company with a current yield of 3.09%.
Key information
3.1%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 27.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 116% |
Recent dividend and buyback updates
Recent updates
Investors Will Want Henan Tong-Da Cable's (SZSE:002560) Growth In ROCE To Persist
Sep 30
Henan Tong-Da Cable Co., Ltd. (SZSE:002560) Not Lagging Market On Growth Or Pricing
Jun 07Henan Tong-Da Cable's (SZSE:002560) Soft Earnings Are Actually Better Than They Appear
Apr 05Henan Tong-Da Cable (SZSE:002560) Might Have The Makings Of A Multi-Bagger
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002560's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002560's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Henan Tong-Da Cable Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002560) | 3.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002560) (up to 3 years) | n/a |
Notable Dividend: 002560's dividend (3.09%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002560's dividend (3.09%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116.1%), 002560's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002560 is paying a dividend but the company has no free cash flows.