Hangzhou Guotai Environmental Protection TechnologyLtd Dividend
Dividend criteria checks 2/6
Hangzhou Guotai Environmental Protection TechnologyLtd is a dividend paying company with a current yield of 5.53%.
Key information
5.5%
Dividend yield
93%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.500 |
| Earnings per share | CN¥1.60 |
| Dividend yield forecast | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301203's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301203's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Hangzhou Guotai Environmental Protection TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301203) | 5.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Commercial Services) | 1.8% |
| Analyst forecast (301203) (up to 3 years) | n/a |
Notable Dividend: 301203's dividend (5.53%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 301203's dividend (5.53%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (93.3%), 301203's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (134.7%), 301203's dividend payments are not well covered by cash flows.