Hangzhou Greenda Electronic Materials Dividends and Buybacks
Dividend criteria checks 3/6
Hangzhou Greenda Electronic Materials is a dividend paying company with a current yield of 1.08% that is well covered by earnings.
Key information
1.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 38.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.265 |
| Payout ratio | 32% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603931 has been paying a dividend for less than 10 years.
Growing Dividend: 603931's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Hangzhou Greenda Electronic Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603931) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (603931) (up to 3 years) | 1.1% |
Notable Dividend: 603931's dividend (1.08%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603931's dividend (1.08%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.9%), 603931's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.5%), 603931's dividend payments are well covered by cash flows.