Hainan Drinda New Energy Technology Dividend
Dividend criteria checks 2/6
Hainan Drinda New Energy Technology is a dividend paying company with a current yield of 1.43% that is well covered by earnings. Last payment was on 26th April, 2024 with an ex-dividend date of 26th April, 2024.
Key information
1.4%
Dividend yield
20%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | 26 Apr 24 |
| Ex dividend date | 26 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥3.57 |
| Dividend yield forecast in 3Y | 6.6% |
Recent dividend updates
Recent updates
Hainan Drinda New Energy Technology (SZSE:002865) Will Pay A Larger Dividend Than Last Year At CN¥0.7462
Apr 24
Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Might Not Be As Mispriced As It Looks After Plunging 26%
Apr 10Time To Worry? Analysts Are Downgrading Their Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Outlook
Mar 22Hainan Drinda New Energy Technology Co., Ltd.'s (SZSE:002865) Intrinsic Value Is Potentially 46% Above Its Share Price
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002865 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002865's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Hainan Drinda New Energy Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2865) | 1.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Semiconductor) | 1.4% |
| Analyst forecast in 3 Years (2865) | 6.6% |
Notable Dividend: 002865's dividend (1.43%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 002865's dividend (1.43%) is low compared to the top 25% of dividend payers in the CN market (2.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.6%), 002865's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002865 is paying a dividend but the company has no free cash flows.