Hongta Securities Dividends and Buybacks
Dividend criteria checks 3/6
Hongta Securities is a dividend paying company with a current yield of 1.14% that is well covered by earnings.
Key information
1.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.094 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601236 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601236 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Hongta Securities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601236) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Capital Markets) | 1.1% |
| Analyst forecast (601236) (up to 3 years) | 1.9% |
Notable Dividend: 601236's dividend (1.14%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601236's dividend (1.14%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.6%), 601236's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), 601236's dividend payments are well covered by cash flows.