Changchun High-Tech Industry (Group) Co., Ltd.

SZSE:000661 Stock Report

Market Cap: CN¥31.9b

Changchun High-Tech Industry (Group) Dividend

Dividend criteria checks 6/6

Changchun High-Tech Industry (Group) is a dividend paying company with a current yield of 5.67% that is well covered by earnings.

Key information

5.7%

Dividend yield

44%

Payout ratio

Industry average yield2.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥4.500
Earnings per shareCN¥10.18
Dividend yield forecast6.4%

Recent dividend updates

Recent updates

Changchun High-Tech Industry (Group) Co., Ltd. Just Missed Revenue By 11%: Here's What Analysts Think Will Happen Next

Aug 18
Changchun High-Tech Industry (Group) Co., Ltd. Just Missed Revenue By 11%: Here's What Analysts Think Will Happen Next

Improved Earnings Required Before Changchun High-Tech Industry (Group) Co., Ltd. (SZSE:000661) Shares Find Their Feet

Aug 15
Improved Earnings Required Before Changchun High-Tech Industry (Group) Co., Ltd. (SZSE:000661) Shares Find Their Feet

Changchun High-Tech Industry (Group) (SZSE:000661) Seems To Use Debt Rather Sparingly

Jun 12
Changchun High-Tech Industry (Group) (SZSE:000661) Seems To Use Debt Rather Sparingly

Changchun High-Tech Industry (Group) Co., Ltd. (SZSE:000661) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Apr 23
Changchun High-Tech Industry (Group) Co., Ltd. (SZSE:000661) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Benign Growth For Changchun High-Tech Industries (Group) Inc. (SZSE:000661) Underpins Its Share Price

Apr 12
Benign Growth For Changchun High-Tech Industries (Group) Inc. (SZSE:000661) Underpins Its Share Price

Earnings Miss: Changchun High-Tech Industries (Group) Inc. Missed EPS By 6.6% And Analysts Are Revising Their Forecasts

Mar 22
Earnings Miss: Changchun High-Tech Industries (Group) Inc. Missed EPS By 6.6% And Analysts Are Revising Their Forecasts

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 000661's dividends per share have been stable in the past 10 years.

Growing Dividend: 000661's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Changchun High-Tech Industry (Group) Dividend Yield vs Market
How does 000661 dividend yield compare to the market?
SegmentDividend Yield
Company (000661)5.7%
Market Bottom 25% (CN)0.8%
Market Top 25% (CN)2.8%
Industry Average (Pharmaceuticals)2.0%
Analyst forecast (000661) (up to 3 years)6.4%

Notable Dividend: 000661's dividend (5.67%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).

High Dividend: 000661's dividend (5.67%) is in the top 25% of dividend payers in the CN market (2.71%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (44.4%), 000661's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (63.4%), 000661's dividend payments are covered by cash flows.


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