Xianheng International Science&Technology Dividend
Dividend criteria checks 3/6
Xianheng International Science&Technology is a dividend paying company with a current yield of 1.51% that is well covered by earnings.
Key information
1.5%
Dividend yield
55%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Earnings per share | CN¥0.26 |
| Dividend yield forecast | 5.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605056 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605056 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Xianheng International Science&Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605056) | 1.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast (605056) (up to 3 years) | 5.6% |
Notable Dividend: 605056's dividend (1.51%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 605056's dividend (1.51%) is low compared to the top 25% of dividend payers in the CN market (2.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.7%), 605056's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.1%), 605056's dividend payments are covered by cash flows.