Hunan Corun New Energy Dividends and Buybacks
Dividend criteria checks 2/6
Hunan Corun New Energy is a dividend paying company with a current yield of 0.63%.
Key information
0.6%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.030 |
| Payout ratio | -34% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 600478's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 600478's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Hunan Corun New Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600478) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (600478) (up to 3 years) | n/a |
Notable Dividend: 600478's dividend (0.63%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600478's dividend (0.63%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: 600478 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.9%), 600478's dividend payments are well covered by cash flows.