Hangzhou Huawang New Material TechnologyLtd Dividends and Buybacks
Dividend criteria checks 3/6
Hangzhou Huawang New Material TechnologyLtd is a dividend paying company with a current yield of 6.73%.
Key information
6.7%
Dividend yield
0.004%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | 9.7% |
| Dividend Growth | 28.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.840 |
| Payout ratio | 97% |
Recent dividend and buyback updates
Recent updates
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 4 years.
Dividend Yield vs Market
| Hangzhou Huawang New Material TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605377) | 6.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Forestry) | 1.9% |
| Analyst forecast (605377) (up to 3 years) | 9.7% |
Notable Dividend: 605377's dividend (6.73%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 605377's dividend (6.73%) is in the top 25% of dividend payers in the CN market (2.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.6%), 605377's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.9%), 605377's dividend payments are covered by cash flows.