Hengdian Group Tospo Lighting Dividends and Buybacks
Dividend criteria checks 3/6
Hengdian Group Tospo Lighting is a dividend paying company with a current yield of 2.79% that is well covered by earnings.
Key information
2.8%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 10.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.333 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603303 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603303's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Hengdian Group Tospo Lighting Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603303) | 2.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (603303) (up to 3 years) | 4.4% |
Notable Dividend: 603303's dividend (2.79%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603303's dividend (2.79%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.4%), 603303's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (202.8%), 603303's dividend payments are not well covered by cash flows.