HMT (Xiamen) New Technical Materials Co., Ltd

XSSC:603306 Stock Report

Market Cap: CN¥6.3b

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 yield3.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.69
Dividend yield forecast in 3Y1.2%

Recent dividend updates

No updates

Recent 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
How does 603306 dividend yield compare to the market?
SegmentDividend 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.


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