Hoshine Silicon Industry Dividends and Buybacks
Dividend criteria checks 2/6
Hoshine Silicon Industry is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
-0.008%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.680 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603260 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603260's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Hoshine Silicon Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603260) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (603260) (up to 3 years) | 2.3% |
Notable Dividend: 603260's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 603260's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (2.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.5%), 603260's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603260 is paying a dividend but the company has no free cash flows.