Hubei Hongyuan Pharmaceutical Technology Dividend
Dividend criteria checks 1/6
Hubei Hongyuan Pharmaceutical Technology is a dividend paying company with a current yield of 0.44% that is well covered by earnings.
Key information
0.4%
Dividend yield
34%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.050 |
Earnings per share | CN¥0.15 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301246's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301246's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Hubei Hongyuan Pharmaceutical Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301246) | 0.4% |
Market Bottom 25% (CN) | 0.8% |
Market Top 25% (CN) | 2.8% |
Industry Average (Pharmaceuticals) | 2.1% |
Analyst forecast (301246) (up to 3 years) | n/a |
Notable Dividend: 301246's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 301246's dividend (0.44%) is low compared to the top 25% of dividend payers in the CN market (2.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.3%), 301246's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301246 is paying a dividend but the company has no free cash flows.