Hangzhou Huawang New Material TechnologyLtd Dividend
Dividend criteria checks 3/6
Hangzhou Huawang New Material TechnologyLtd is a dividend paying company with a current yield of 5.86% that is well covered by earnings. Next payment date is on 8th October, 2024 with an ex-dividend date of 8th October, 2024.
Key information
5.9%
Dividend yield
88%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 08 Oct 24 |
| Ex dividend date | 08 Oct 24 |
| Dividend per share | CN¥0.840 |
| Earnings per share | CN¥1.36 |
| Dividend yield forecast | 8.6% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605377 has been paying a dividend for less than 10 years.
Growing Dividend: 605377's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Hangzhou Huawang New Material TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605377) | 5.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Forestry) | 2.1% |
| Analyst forecast (605377) (up to 3 years) | 8.6% |
Notable Dividend: 605377's dividend (5.86%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 605377's dividend (5.86%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.1%), 605377's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (125.2%), 605377's dividend payments are not well covered by cash flows.