Hunan Zhongke Electric Dividends and Buybacks
Dividend criteria checks 4/6
Hunan Zhongke Electric is a dividend paying company with a current yield of 0.95% that is well covered by earnings.
Key information
0.9%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300035's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300035's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hunan Zhongke Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300035) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300035) (up to 3 years) | 1.9% |
Notable Dividend: 300035's dividend (0.95%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300035's dividend (0.95%) 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 (37.2%), 300035's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.3%), 300035's dividend payments are covered by cash flows.