Qingdao Huijintong Power Equipment Co.,Ltd.

SHSE:603577 Stock Report

Market Cap: CN¥2.8b

Qingdao Huijintong Power EquipmentLtd Dividends and Buybacks

Dividend criteria checks 3/6

Qingdao Huijintong Power EquipmentLtd is a dividend paying company with a current yield of 1.22% that is well covered by earnings.

Key information

1.2%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth1.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.100
Payout ratio17%

Recent dividend and buyback updates

No updates

Recent updates

Qingdao Huijintong Power EquipmentLtd (SHSE:603577) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 06
Qingdao Huijintong Power EquipmentLtd (SHSE:603577) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Not Many Are Piling Into Qingdao Huijintong Power Equipment Co.,Ltd. (SHSE:603577) Stock Yet As It Plummets 27%

Apr 22
Not Many Are Piling Into Qingdao Huijintong Power Equipment Co.,Ltd. (SHSE:603577) Stock Yet As It Plummets 27%

Qingdao Huijintong Power EquipmentLtd's (SHSE:603577) Problems Go Beyond Weak Profit

Apr 02
Qingdao Huijintong Power EquipmentLtd's (SHSE:603577) Problems Go Beyond Weak Profit

Investors Still Aren't Entirely Convinced By Qingdao Huijintong Power Equipment Co.,Ltd.'s (SHSE:603577) Revenues Despite 33% Price Jump

Mar 08
Investors Still Aren't Entirely Convinced By Qingdao Huijintong Power Equipment Co.,Ltd.'s (SHSE:603577) Revenues Despite 33% Price Jump

Investors Met With Slowing Returns on Capital At Qingdao Huijintong Power EquipmentLtd (SHSE:603577)

Mar 07
Investors Met With Slowing Returns on Capital At Qingdao Huijintong Power EquipmentLtd (SHSE:603577)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603577 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603577's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Qingdao Huijintong Power EquipmentLtd Dividend Yield vs Market
How does 603577 dividend yield compare to the market?
SegmentDividend Yield
Company (603577)1.2%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Metals and Mining)2.3%
Analyst forecast (603577) (up to 3 years)n/a

Notable Dividend: 603577's dividend (1.22%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603577's dividend (1.22%) is low compared to the top 25% of dividend payers in the CN market (2.17%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.2%), 603577's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (13.3%), 603577's dividend payments are thoroughly covered by cash flows.


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