Huadong Medicine Co., Ltd

SZSE:000963 Stock Report

Market Cap: CN¥49.9b

Huadong Medicine Dividend

Dividend criteria checks 4/6

Huadong Medicine is a dividend paying company with a current yield of 1.92% that is well covered by earnings.

Key information

1.9%

Dividend yield

33%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.580
Earnings per shareCN¥1.77
Dividend yield forecast in 3Y2.0%

Recent dividend updates

Recent updates

Earnings Working Against Huadong Medicine Co., Ltd's (SZSE:000963) Share Price

Aug 05
Earnings Working Against Huadong Medicine Co., Ltd's (SZSE:000963) Share Price

Huadong Medicine (SZSE:000963) Seems To Use Debt Rather Sparingly

Jun 28
Huadong Medicine (SZSE:000963) Seems To Use Debt Rather Sparingly

There Are Reasons To Feel Uneasy About Huadong Medicine's (SZSE:000963) Returns On Capital

Jun 10
There Are Reasons To Feel Uneasy About Huadong Medicine's (SZSE:000963) Returns On Capital

Huadong Medicine Co., Ltd (SZSE:000963) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Apr 21
Huadong Medicine Co., Ltd (SZSE:000963) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Market Cool On Huadong Medicine Co., Ltd's (SZSE:000963) Earnings

Apr 08
Market Cool On Huadong Medicine Co., Ltd's (SZSE:000963) Earnings

Is Huadong Medicine (SZSE:000963) A Risky Investment?

Mar 16
Is Huadong Medicine (SZSE:000963) A Risky Investment?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 000963's dividend payments have been volatile in the past 10 years.

Growing Dividend: 000963's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Huadong Medicine Dividend Yield vs Market
How does 000963 dividend yield compare to the market?
SegmentDividend Yield
Company (000963)1.9%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.6%
Industry Average (Healthcare)1.9%
Analyst forecast in 3 Years (000963)2.0%

Notable Dividend: 000963's dividend (1.92%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).

High Dividend: 000963's dividend (1.92%) is low compared to the top 25% of dividend payers in the CN market (2.62%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.8%), 000963's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (40.3%), 000963's dividend payments are well covered by cash flows.


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