Hi-Trend Technology (Shanghai) Dividend
Dividend criteria checks 3/6
Hi-Trend Technology (Shanghai) is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.2%
Dividend yield
62%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.552 |
| Earnings per share | CN¥0.89 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Hi-Trend Technology (Shanghai)'s (SHSE:688391) Shareholders Have More To Worry About Than Only Soft Earnings
May 03
Hi-Trend Technology (Shanghai) (SHSE:688391) Might Be Having Difficulty Using Its Capital Effectively
Apr 21Hi-Trend Technology (Shanghai) Co., Ltd. (SHSE:688391) Surges 34% Yet Its Low P/E Is No Reason For Excitement
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688391's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688391's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Hi-Trend Technology (Shanghai) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688391) | 2.2% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Semiconductor) | 1.1% |
| Analyst forecast (688391) (up to 3 years) | n/a |
Notable Dividend: 688391's dividend (2.18%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 688391's dividend (2.18%) is low compared to the top 25% of dividend payers in the CN market (2.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.7%), 688391's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.7%), 688391's dividend payments are well covered by cash flows.