Hainan Drinda New Energy Technology Dividends and Buybacks
Dividend criteria checks 2/6
Hainan Drinda New Energy Technology is a dividend paying company with a current yield of 1.26%.
Key information
1.3%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 8.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.746 |
| Payout ratio | -14% |
Recent dividend and buyback updates
Recent updates
There's No Escaping Hainan Drinda New Energy Technology Co., Ltd.'s (SZSE:002865) Muted Revenues Despite A 25% Share Price Rise
Sep 27
We Think Hainan Drinda New Energy Technology (SZSE:002865) Is Taking Some Risk With Its Debt
Aug 28Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jun 25Here's Why Hainan Drinda New Energy Technology (SZSE:002865) Has A Meaningful Debt Burden
May 23Hainan Drinda New Energy Technology's (SZSE:002865) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 06Hainan Drinda New Energy Technology (SZSE:002865) Will Pay A Larger Dividend Than Last Year At CN¥0.7462
Apr 24Hainan 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 (002865) | 1.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Semiconductor) | 0.7% |
| Analyst forecast (002865) (up to 3 years) | 2.1% |
Notable Dividend: 002865's dividend (1.26%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002865's dividend (1.26%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: 002865 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.8%), 002865's dividend payments are thoroughly covered by cash flows.