China Tungsten And Hightech MaterialsLtd Dividend
Dividend criteria checks 2/6
China Tungsten And Hightech MaterialsLtd is a dividend paying company with a current yield of 1.11% that is well covered by earnings.
Key information
1.1%
Dividend yield
37%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.32 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 000657 has been paying a dividend for less than 10 years.
Growing Dividend: 000657's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
China Tungsten And Hightech MaterialsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (657) | 1.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (657) | 2.3% |
Notable Dividend: 000657's dividend (1.11%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000657's dividend (1.11%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37%), 000657's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000657 is paying a dividend but the company has no free cash flows.