Hebei Broadcasting Wireless Media Dividends and Buybacks
Dividend criteria checks 2/6
Hebei Broadcasting Wireless Media is a dividend paying company with a current yield of 0.3% that is well covered by earnings.
Key information
0.3%
Dividend yield
-1.5%
Buyback Yield
| Total Shareholder Yield | -1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.188 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301551's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301551's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Hebei Broadcasting Wireless Media Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301551) | 0.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Media) | 2.0% |
| Analyst forecast (301551) (up to 3 years) | n/a |
Notable Dividend: 301551's dividend (0.3%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 301551's dividend (0.3%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.4%), 301551's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.6%), 301551's dividend payments are well covered by cash flows.