Shanghai Hi-Road Food Technology Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Hi-Road Food Technology is a dividend paying company with a current yield of 1.3% that is well covered by earnings.
Key information
1.3%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 14.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Shanghai Hi-Road Food Technology's (SZSE:300915) Solid Profits Have Weak Fundamentals
Nov 06
Shanghai Hi-Road Food Technology Co., Ltd. (SZSE:300915) Looks Inexpensive But Perhaps Not Attractive Enough
Sep 26Investors Shouldn't Be Too Comfortable With Shanghai Hi-Road Food Technology's (SZSE:300915) Earnings
Apr 30Subdued Growth No Barrier To Shanghai Hi-Road Food Technology Co., Ltd. (SZSE:300915) With Shares Advancing 26%
Apr 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300915 has been paying a dividend for less than 10 years.
Growing Dividend: 300915 has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
| Shanghai Hi-Road Food Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300915) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Food) | 2.3% |
| Analyst forecast (300915) (up to 3 years) | n/a |
Notable Dividend: 300915's dividend (1.3%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300915's dividend (1.3%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.4%), 300915's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300915 is paying a dividend but the company has no free cash flows.