Hongda High-Tech HoldingLtd Dividends and Buybacks
Dividend criteria checks 3/6
Hongda High-Tech HoldingLtd is a dividend paying company with a current yield of 1.43% that is well covered by earnings.
Key information
1.4%
Dividend yield
0.04%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
We Like Hongda High-Tech HoldingLtd's (SZSE:002144) Earnings For More Than Just Statutory Profit
Nov 05
Investors Met With Slowing Returns on Capital At Hongda High-Tech HoldingLtd (SZSE:002144)
Sep 27Hongda High-Tech HoldingLtd's (SZSE:002144) Dividend Will Be Increased To CN¥0.15
Jun 17Capital Allocation Trends At Hongda High-Tech HoldingLtd (SZSE:002144) Aren't Ideal
Jun 07Hongda High-Tech HoldingLtd's (SZSE:002144) Solid Earnings Have Been Accounted For Conservatively
May 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002144's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002144's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Hongda High-Tech HoldingLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002144) | 1.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast (002144) (up to 3 years) | n/a |
Notable Dividend: 002144's dividend (1.43%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002144's dividend (1.43%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), 002144's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.8%), 002144's dividend payments are covered by cash flows.