Hangzhou Todaytec Digital Dividend
Dividend criteria checks 4/6
Hangzhou Todaytec Digital is a dividend paying company with a current yield of 2.87% that is well covered by earnings.
Key information
2.9%
Dividend yield
69%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.37 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300743 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300743's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Hangzhou Todaytec Digital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300743) | 2.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (300743) | n/a |
Notable Dividend: 300743's dividend (2.87%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300743's dividend (2.87%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.2%), 300743's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.5%), 300743's dividend payments are covered by cash flows.