Hanyu Group Dividend
Dividend criteria checks 4/6
Hanyu Group is a dividend paying company with a current yield of 3.26% that is well covered by earnings.
Key information
3.3%
Dividend yield
71%
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¥0.42 |
| Dividend yield forecast in 3Y | 2.1% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300403 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300403's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Hanyu Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300403) | 3.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (300403) | 2.1% |
Notable Dividend: 300403's dividend (3.26%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300403's dividend (3.26%) is in the top 25% of dividend payers in the CN market (2.29%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.3%), 300403's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.3%), 300403's dividend payments are covered by cash flows.