Hangzhou Juheshun New MaterialLTD Dividend
Dividend criteria checks 4/6
Hangzhou Juheshun New MaterialLTD is a dividend paying company with a current yield of 2.39% that is well covered by earnings.
Key information
2.4%
Dividend yield
42%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.69 |
| Dividend yield forecast in 3Y | 5.9% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605166 has been paying a dividend for less than 10 years.
Growing Dividend: 605166's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Hangzhou Juheshun New MaterialLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605166) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast in 3 Years (605166) | 5.9% |
Notable Dividend: 605166's dividend (2.39%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 605166's dividend (2.39%) is in the top 25% of dividend payers in the CN market (2.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.7%), 605166's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.8%), 605166's dividend payments are covered by cash flows.