Guangdong Hotata Technology Group Co.,Ltd.

XSSC:603848 Stock Report

Market Cap: CN¥6.9b

Guangdong Hotata Technology GroupLtd Dividends and Buybacks

Dividend criteria checks 3/6

Guangdong Hotata Technology GroupLtd is a dividend paying company with a current yield of 1.76% that is well covered by earnings.

Key information

1.8%

Dividend yield

-0.4%

Buyback Yield

Total Shareholder Yield1.4%
Future Dividend Yield3.7%
Dividend Growth5.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.300
Payout ratio43%

Recent dividend and buyback updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 603848 has been paying a dividend for less than 10 years.

Growing Dividend: 603848's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

Guangdong Hotata Technology GroupLtd Dividend Yield vs Market
How does 603848 dividend yield compare to the market?
SegmentDividend Yield
Company (603848)1.8%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Consumer Durables)3.5%
Analyst forecast (603848) (up to 3 years)3.7%

Notable Dividend: 603848's dividend (1.76%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603848's dividend (1.76%) is low compared to the top 25% of dividend payers in the CN market (2.16%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43%), 603848's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (76%), 603848's dividend payments are covered by cash flows.


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