Hi-Trend Technology (Shanghai) Dividend
Dividend criteria checks 3/6
Hi-Trend Technology (Shanghai) is a dividend paying company with a current yield of 1.89% that is well covered by earnings.
Key information
1.9%
Dividend yield
57%
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.96 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent 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) | 2.5% |
Industry Average (Semiconductor) | 1.1% |
Analyst forecast in 3 Years (688391) | n/a |
Notable Dividend: 688391's dividend (1.89%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 688391's dividend (1.89%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.4%), 688391's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.8%), 688391's dividend payments are covered by cash flows.