HMT (Xiamen) New Technical Materials

SHSE:603306 Stock Report

Mkt Cap: CN¥11.9b

HMT (Xiamen) New Technical Materials Dividend

What is HMT (Xiamen) New Technical Materials's current dividend yield, its reliability and sustainability?

[object Object] Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.29%

Current Dividend Yield

Dividend Yield vs Market

HMT (Xiamen) New Technical Materials Dividend Yield vs Market
How does 603306 dividend yield compare to the market?
SegmentDividend Yield
Company (603306)0.3%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.0%
Industry Average (Luxury)4.0%
Analyst forecast in 3 Years (603306)n/a

Notable Dividend: 603306's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.49%).

High Dividend: 603306's dividend (0.29%) is low compared to the top 25% of dividend payers in the CN market (1.97%).


Stability and Growth of Payments

How stable has HMT (Xiamen) New Technical Materials's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/1/20220.110.29
6/10/20220.110.35
4/28/20210.130.4
5/27/20200.452.33
5/27/20190.53.63
5/11/20180.382.41
5/11/20170.542.47
4/20/20160.261
6/2/20150.0790.43

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 7 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.6%), 603306's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (85.3%), 603306's dividend payments are covered by cash flows.


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