Hunan Hengguang Technology Dividend
Dividend criteria checks 2/6
Hunan Hengguang Technology is a dividend paying company with a current yield of 3.07%.
Key information
3.1%
Dividend yield
223%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -CN¥0.63 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Some Hunan Hengguang Technology Co., Ltd. (SZSE:301118) Shareholders Look For Exit As Shares Take 26% Pounding
May 03
Hunan Hengguang Technology Co., Ltd. (SZSE:301118) Stock Rockets 37% As Investors Are Less Pessimistic Than Expected
Mar 08The Returns On Capital At Hunan Hengguang Technology (SZSE:301118) Don't Inspire Confidence
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301118 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301118 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Hunan Hengguang Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301118) | 3.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.0% |
| Analyst forecast in 3 Years (301118) | n/a |
Notable Dividend: 301118's dividend (3.07%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301118's dividend (3.07%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (223.4%), 301118's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301118 is paying a dividend but the company has no free cash flows.