Hi-Trend Technology (Shanghai) Dividend
Dividend criteria checks 2/6
Hi-Trend Technology (Shanghai) is a dividend paying company with a current yield of 1.91% that is well covered by earnings.
Key information
1.9%
Dividend yield
51%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.57 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (688391) | 1.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Semiconductor) | 1.4% |
Analyst forecast in 3 Years (688391) | n/a |
Notable Dividend: 688391's dividend (1.91%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 688391's dividend (1.91%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.8%), 688391's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (193.5%), 688391's dividend payments are not well covered by cash flows.