Shenzhen Hopewind Electric Dividends and Buybacks
Dividend criteria checks 3/6
Shenzhen Hopewind 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
-0.002%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603063 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603063's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shenzhen Hopewind Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603063) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (603063) (up to 3 years) | 1.9% |
Notable Dividend: 603063's dividend (0.95%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603063'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 (25.2%), 603063's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.7%), 603063's dividend payments are well covered by cash flows.