Hengtong Logistics Dividend
Dividend criteria checks 2/6
Hengtong Logistics is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
32%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.17 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603223 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603223's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Hengtong Logistics Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603223) | 0.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Oil and Gas) | 6.0% |
Analyst forecast in 3 Years (603223) | n/a |
Notable Dividend: 603223's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603223's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.8%), 603223's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603223 is paying a dividend but the company has no free cash flows.