Zhejiang Hongchang Electrical Technology Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Hongchang Electrical Technology is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.2%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -7.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.429 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
We Think That There Are More Issues For Zhejiang Hongchang Electrical Technology (SZSE:301008) Than Just Sluggish Earnings
Nov 06
Zhejiang Hongchang Electrical Technology Co., Ltd.'s (SZSE:301008) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Oct 28Zhejiang Hongchang Electrical Technology (SZSE:301008) May Have Issues Allocating Its Capital
Jul 28We Think That There Are Issues Underlying Zhejiang Hongchang Electrical Technology's (SZSE:301008) Earnings
May 05Calculating The Fair Value Of Zhejiang Hongchang Electrical Technology Co., Ltd. (SZSE:301008)
Apr 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301008 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301008 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Hongchang Electrical Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301008) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (301008) (up to 3 years) | n/a |
Notable Dividend: 301008's dividend (2.18%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301008's dividend (2.18%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.9%), 301008's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301008 is paying a dividend but the company has no free cash flows.