Hangzhou Tianyuan Pet Products Dividends and Buybacks
Dividend criteria checks 2/6
Hangzhou Tianyuan Pet Products is a dividend paying company with a current yield of 1% that is well covered by earnings.
Key information
1.0%
Dividend yield
-0.0002%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | -35.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Hangzhou Tianyuan Pet Products (SZSE:301335)
Nov 04
Investors Could Be Concerned With Hangzhou Tianyuan Pet Products' (SZSE:301335) Returns On Capital
Sep 30Hangzhou Tianyuan Pet Products' (SZSE:301335) Dividend Is Being Reduced To CN¥0.35
Jun 15Estimating The Intrinsic Value Of Hangzhou Tianyuan Pet Products CO., LTD (SZSE:301335)
Jun 07Some May Be Optimistic About Hangzhou Tianyuan Pet Products' (SZSE:301335) Earnings
May 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301335 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301335 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Hangzhou Tianyuan Pet Products Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301335) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Household Products) | 2.6% |
| Analyst forecast (301335) (up to 3 years) | 3.4% |
Notable Dividend: 301335's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301335's dividend (1%) 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 (70.1%), 301335's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (168.6%), 301335's dividend payments are not well covered by cash flows.