Hangzhou Huaguang Advanced Welding MaterialsLtd Dividend
Dividend criteria checks 2/6
Hangzhou Huaguang Advanced Welding MaterialsLtd is a dividend paying company with a current yield of 1.07% that is well covered by earnings.
Key information
1.1%
Dividend yield
31%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.47 |
Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
No updates
Recent updates
Hangzhou Huaguang Advanced Welding Materials Co.,Ltd. (SHSE:688379) Screens Well But There Might Be A Catch
Jun 05Hangzhou Huaguang Advanced Welding MaterialsLtd (SHSE:688379) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 05Investors Aren't Entirely Convinced By Hangzhou Huaguang Advanced Welding Materials Co.,Ltd.'s (SHSE:688379) Revenues
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688379 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688379 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Hangzhou Huaguang Advanced Welding MaterialsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688379) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Metals and Mining) | 2.4% |
Analyst forecast in 3 Years (688379) | 1.6% |
Notable Dividend: 688379's dividend (1.07%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 688379's dividend (1.07%) is low compared to the top 25% of dividend payers in the CN market (2.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.1%), 688379's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688379 is paying a dividend but the company has no free cash flows.