Hangzhou Biotest BiotechLtd Dividend
Dividend criteria checks 3/6
Hangzhou Biotest BiotechLtd is a dividend paying company with a current yield of 2.67% that is well covered by earnings.
Key information
2.7%
Dividend yield
72%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.800 |
| Earnings per share | CN¥1.12 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688767 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688767 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Hangzhou Biotest BiotechLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688767) | 2.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Biotechs) | 1.1% |
| Analyst forecast (688767) (up to 3 years) | n/a |
Notable Dividend: 688767's dividend (2.67%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 688767's dividend (2.67%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.2%), 688767's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (508.8%), 688767's dividend payments are not well covered by cash flows.