Jiangsu Hongdou IndustrialLTD Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu Hongdou IndustrialLTD is a dividend paying company with a current yield of 0.6%.
Key information
0.6%
Dividend yield
0.08%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 0.06% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.020 |
| Payout ratio | 215% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600400's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600400's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jiangsu Hongdou IndustrialLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600400) | 0.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast (600400) (up to 3 years) | n/a |
Notable Dividend: 600400's dividend (0.6%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600400's dividend (0.6%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (214.9%), 600400's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (99.1%), 600400's dividend payments are not well covered by cash flows.