HBIS Dividend
Dividend criteria checks 2/6
HBIS is a dividend paying company with a current yield of 2.17% that is well covered by earnings.
Key information
2.2%
Dividend yield
42%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.040 |
| Earnings per share | CN¥0.096 |
| Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000709 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000709's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| HBIS Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000709) | 2.2% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Metals and Mining) | 2.8% |
| Analyst forecast in 3 Years (000709) | 3.8% |
Notable Dividend: 000709's dividend (2.17%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 000709's dividend (2.17%) is low compared to the top 25% of dividend payers in the CN market (2.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.9%), 000709's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000709 is paying a dividend but the company has no free cash flows.