Hiecise Precision EquipmentLtd Dividend
Dividend criteria checks 1/6
Hiecise Precision EquipmentLtd is a dividend paying company with a current yield of 0.53% that is well covered by earnings.
Key information
0.5%
Dividend yield
19%
Payout ratio
Industry average yield | 2.0% |
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
No updates
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (300809) | 0.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (300809) | 1.1% |
Notable Dividend: 300809's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 300809's dividend (0.53%) 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.