Hiecise Precision EquipmentLtd Dividend
Dividend criteria checks 1/6
Hiecise Precision EquipmentLtd is a dividend paying company with a current yield of 0.5% that is well covered by earnings.
Key information
0.5%
Dividend yield
19%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.52 |
| Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Hiecise Precision EquipmentLtd (SZSE:300809) Is Due To Pay A Dividend Of CN¥0.10
Jun 14
Some Investors May Be Worried About Hiecise Precision EquipmentLtd's (SZSE:300809) Returns On Capital
Jun 07Hiecise Precision EquipmentLtd (SZSE:300809) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 19Here's Why We Think Hiecise Precision EquipmentLtd (SZSE:300809) Is Well Worth Watching
Mar 22Optimistic Investors Push Hiecise Precision Equipment Co.,Ltd. (SZSE:300809) Shares Up 27% But Growth Is Lacking
Mar 01Hiecise Precision EquipmentLtd (SZSE:300809) Is Reinvesting At Lower Rates Of Return
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300809 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300809 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Hiecise Precision EquipmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300809) | 0.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (300809) | 1.1% |
Notable Dividend: 300809's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 300809's dividend (0.5%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.2%), 300809's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300809 is paying a dividend but the company has no free cash flows.