Dongguan Huali IndustriesLtd Dividend
Dividend criteria checks 2/6
Dongguan Huali IndustriesLtd is a dividend paying company with a current yield of 0.54% that is well covered by earnings.
Key information
0.5%
Dividend yield
84%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.0385 |
Earnings per share | CN¥0.05 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
We Think You Can Look Beyond Dongguan Huali IndustriesLtd's (SHSE:603038) Lackluster Earnings
May 02Dongguan Huali Industries Co.,Ltd's (SHSE:603038) Popularity With Investors Under Threat As Stock Sinks 26%
Apr 21There's Reason For Concern Over Dongguan Huali Industries Co.,Ltd's (SHSE:603038) Price
Mar 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603038 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603038 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Dongguan Huali IndustriesLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603038) | 0.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Consumer Durables) | 4.0% |
Analyst forecast in 3 Years (603038) | n/a |
Notable Dividend: 603038's dividend (0.54%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603038's dividend (0.54%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.5%), 603038's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40%), 603038's dividend payments are well covered by cash flows.