Hangzhou Biotest BiotechLtd Dividends and Buybacks
Dividend criteria checks 3/6
Hangzhou Biotest BiotechLtd is a dividend paying company with a current yield of 2.59% that is well covered by earnings.
Key information
2.6%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | -17.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.800 |
| Payout ratio | 81% |
Recent dividend and buyback 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) | 2.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Biotechs) | 1.2% |
| Analyst forecast (688767) (up to 3 years) | n/a |
Notable Dividend: 688767's dividend (2.59%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688767's dividend (2.59%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.9%), 688767's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688767 is paying a dividend but the company has no free cash flows.