Suzhou K-Hiragawa Electronic Technology Dividend
Dividend criteria checks 2/6
Suzhou K-Hiragawa Electronic Technology is a dividend paying company with a current yield of 0.9% that is well covered by earnings.
Key information
0.9%
Dividend yield
62%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.357 |
| Earnings per share | CN¥0.58 |
| Future Dividend Yield | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603052's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603052's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Suzhou K-Hiragawa Electronic Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603052) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (603052) (up to 3 years) | n/a |
Notable Dividend: 603052's dividend (0.9%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603052's dividend (0.9%) is low compared to the top 25% of dividend payers in the CN market (2.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.9%), 603052's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603052 is paying a dividend but the company has no free cash flows.