Hicon Network Technology (Shandong)Ltd Dividends and Buybacks
Dividend criteria checks 3/6
Hicon Network Technology (Shandong)Ltd is a dividend paying company with a current yield of 1% that is well covered by earnings.
Key information
1.0%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -146.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.288 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301262's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301262's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Hicon Network Technology (Shandong)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301262) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Interactive Media and Services) | 0.6% |
| Analyst forecast (301262) (up to 3 years) | n/a |
Notable Dividend: 301262's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301262's dividend (1%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.2%), 301262's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.3%), 301262's dividend payments are well covered by cash flows.