Hangzhou Huawang New Material TechnologyLtd Dividend
Dividend criteria checks 3/6
Hangzhou Huawang New Material TechnologyLtd is a dividend paying company with a current yield of 6.38% that is well covered by earnings.
Key information
6.4%
Dividend yield
60%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.786 |
| Earnings per share | CN¥1.32 |
| Dividend yield forecast in 3Y | 11.4% |
Recent dividend updates
No updates
Recent updates
Hangzhou Huawang New Material TechnologyLtd (SHSE:605377) May Have Issues Allocating Its Capital
Jul 18
Does Hangzhou Huawang New Material TechnologyLtd (SHSE:605377) Deserve A Spot On Your Watchlist?
Jun 25Hangzhou Huawang New Material TechnologyLtd's (SHSE:605377) Solid Profits Have Weak Fundamentals
May 06Hangzhou Huawang New Material Technology Co.,Ltd.'s (SHSE:605377) Prospects Need A Boost To Lift Shares
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605377 has been paying a dividend for less than 10 years.
Growing Dividend: 605377's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Hangzhou Huawang New Material TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605377) | 6.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Forestry) | 2.4% |
| Analyst forecast in 3 Years (605377) | 11.4% |
Notable Dividend: 605377's dividend (6.38%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 605377's dividend (6.38%) is in the top 25% of dividend payers in the CN market (2.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.8%), 605377's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (304%), 605377's dividend payments are not well covered by cash flows.