Hisense Visual Technology Co., Ltd.

SHSE:600060 Stock Report

Market Cap: CN¥25.0b

Hisense Visual Technology Dividend

Dividend criteria checks 4/6

Hisense Visual Technology is a dividend paying company with a current yield of 4.13% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 31st July, 2024.

Key information

4.1%

Dividend yield

54%

Payout ratio

Industry average yield4.2%
Next dividend pay date31 Jul 24
Ex dividend date31 Jul 24
Dividend per shareCN¥0.805
Earnings per shareCN¥1.51
Dividend yield forecast in 3Y6.3%

Recent dividend updates

No updates

Recent updates

Why Investors Shouldn't Be Surprised By Hisense Visual Technology Co., Ltd.'s (SHSE:600060) Low P/E

Jun 21
Why Investors Shouldn't Be Surprised By Hisense Visual Technology Co., Ltd.'s (SHSE:600060) Low P/E

These 4 Measures Indicate That Hisense Visual Technology (SHSE:600060) Is Using Debt Safely

May 31
These 4 Measures Indicate That Hisense Visual Technology (SHSE:600060) Is Using Debt Safely

Hisense Visual Technology's (SHSE:600060) Promising Earnings May Rest On Soft Foundations

Apr 05
Hisense Visual Technology's (SHSE:600060) Promising Earnings May Rest On Soft Foundations

Is Hisense Visual Technology (SHSE:600060) Using Too Much Debt?

Feb 27
Is Hisense Visual Technology (SHSE:600060) Using Too Much Debt?

Upcoming Dividend Payment

TodayJul 27 2024Ex Dividend DateJul 31 2024Dividend Pay DateJul 31 20240 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600060's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600060's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Hisense Visual Technology Dividend Yield vs Market
How does 600060 dividend yield compare to the market?
SegmentDividend Yield
Company (600060)4.1%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.7%
Industry Average (Consumer Durables)4.2%
Analyst forecast in 3 Years (600060)6.3%

Notable Dividend: 600060's dividend (4.13%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).

High Dividend: 600060's dividend (4.13%) is in the top 25% of dividend payers in the CN market (2.67%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (53.5%), 600060's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (123.3%), 600060's dividend payments are not well covered by cash flows.


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