Jiangsu Hongde Special PartsLtd Dividend
Dividend criteria checks 3/6
Jiangsu Hongde Special PartsLtd is a dividend paying company with a current yield of 1.41% that is well covered by earnings.
Key information
1.4%
Dividend yield
53%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Earnings per share | CN¥0.48 |
| Dividend yield forecast | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301163's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301163's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Jiangsu Hongde Special PartsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301163) | 1.4% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Metals and Mining) | 2.8% |
| Analyst forecast (301163) (up to 3 years) | n/a |
Notable Dividend: 301163's dividend (1.41%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 301163's dividend (1.41%) is low compared to the top 25% of dividend payers in the CN market (2.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.6%), 301163's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.6%), 301163's dividend payments are well covered by cash flows.