Hexing ElectricalLtd Dividend
Dividend criteria checks 4/6
Hexing ElectricalLtd is a dividend paying company with a current yield of 2.41% that is well covered by earnings.
Key information
2.4%
Dividend yield
52%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥2.10 |
| Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
No updates
Recent updates
Hexing Electrical Co.,Ltd. (SHSE:603556) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Apr 26
Calculating The Fair Value Of Hexing Electrical Co.,Ltd. (SHSE:603556)
Mar 19Hexing Electrical Co.,Ltd.'s (SHSE:603556) Shares Bounce 32% But Its Business Still Trails The Market
Mar 04Hexing ElectricalLtd (SHSE:603556) Has More To Do To Multiply In Value Going Forward
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603556 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603556's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Hexing ElectricalLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603556) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (603556) | 4.4% |
Notable Dividend: 603556's dividend (2.41%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603556's dividend (2.41%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.4%), 603556's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.7%), 603556's dividend payments are well covered by cash flows.