HMT (Xiamen) New Technical Materials Dividend
Dividend criteria checks 2/6
HMT (Xiamen) New Technical Materials is a dividend paying company with a current yield of 0.94% that is well covered by earnings.
Key information
0.9%
Dividend yield
27%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.69 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603306 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603306's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
HMT (Xiamen) New Technical Materials Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603306) | 0.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Luxury) | 3.0% |
Analyst forecast in 3 Years (603306) | 1.2% |
Notable Dividend: 603306's dividend (0.94%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 603306's dividend (0.94%) is low compared to the top 25% of dividend payers in the CN market (2.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.6%), 603306's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603306 is paying a dividend but the company has no free cash flows.