HitGen Dividend
Dividend criteria checks 2/6
HitGen is a dividend paying company with a current yield of 0.57% that is well covered by earnings.
Key information
0.6%
Dividend yield
32%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Earnings per share | CN¥0.16 |
| Dividend yield forecast | 0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688222 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688222 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| HitGen Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688222) | 0.6% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Life Sciences) | 1.7% |
| Analyst forecast (688222) (up to 3 years) | 0% |
Notable Dividend: 688222's dividend (0.57%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 688222's dividend (0.57%) is low compared to the top 25% of dividend payers in the CN market (2.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.7%), 688222's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.4%), 688222's dividend payments are well covered by cash flows.