Hangzhou Zhongheng Electric Dividends and Buybacks
Dividend criteria checks 3/6
Hangzhou Zhongheng Electric is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002364's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002364's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Hangzhou Zhongheng Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002364) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002364) (up to 3 years) | n/a |
Notable Dividend: 002364's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002364's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), 002364's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.1%), 002364's dividend payments are thoroughly covered by cash flows.