Huatai Securities Dividend
Dividend criteria checks 5/6
Huatai Securities is a dividend paying company with a current yield of 3.35% that is well covered by earnings. Next payment date is on 16th August, 2024 with an ex-dividend date of 16th August, 2024.
Key information
3.4%
Dividend yield
35%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 16 Aug 24 |
| Ex dividend date | 16 Aug 24 |
| Dividend per share | CN¥0.439 |
| Earnings per share | CN¥1.25 |
| Dividend yield forecast in 3Y | 4.3% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601688's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601688's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Huatai Securities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601688) | 3.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast in 3 Years (601688) | 4.3% |
Notable Dividend: 601688's dividend (3.35%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 601688's dividend (3.35%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.8%), 601688's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.7%), 601688's dividend payments are thoroughly covered by cash flows.