Shanghai Huafon Aluminium Dividend
Dividend criteria checks 2/6
Shanghai Huafon Aluminium is a dividend paying company with a current yield of 1.03% that is well covered by earnings.
Key information
1.0%
Dividend yield
20%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.98 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601702 has been paying a dividend for less than 10 years.
Growing Dividend: 601702's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Shanghai Huafon Aluminium Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601702) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.1% |
| Analyst forecast in 3 Years (601702) | n/a |
Notable Dividend: 601702's dividend (1.03%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 601702's dividend (1.03%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.4%), 601702's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.7%), 601702's dividend payments are not well covered by cash flows.