Hubei Hongyuan Pharmaceutical Technology Dividend
Dividend criteria checks 1/6
Hubei Hongyuan Pharmaceutical Technology is a dividend paying company with a current yield of 0.35% that is well covered by earnings.
Key information
0.3%
Dividend yield
37%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.13 |
Dividend yield forecast in 3Y | 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) | 0.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Pharmaceuticals) | 1.8% |
Analyst forecast in 3 Years (301246) | n/a |
Notable Dividend: 301246's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 301246's dividend (0.35%) is low compared to the top 25% of dividend payers in the CN market (2.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), 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.