Hootech Dividend
Dividend criteria checks 2/6
Hootech is a dividend paying company with a current yield of 1.63% that is well covered by earnings.
Key information
1.6%
Dividend yield
38%
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¥0.69 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301026 has been paying a dividend for less than 10 years.
Growing Dividend: 301026 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Hootech Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (301026) | 1.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (301026) | n/a |
Notable Dividend: 301026's dividend (1.63%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301026's dividend (1.63%) 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 (37.9%), 301026's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301026 is paying a dividend but the company has no free cash flows.