Zhejiang Hechuan Technology Dividend
Dividend criteria checks 1/6
Zhejiang Hechuan Technology is a dividend paying company with a current yield of 0.4% that is well covered by earnings.
Key information
0.4%
Dividend yield
31%
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¥0.11 |
| Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
No updates
Recent updates
Analysts Just Slashed Their Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) EPS Numbers
Apr 30
Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 28% Cheaper Price Remains In Tune With Earnings
Apr 17Here's Why Zhejiang Hechuan Technology (SHSE:688320) Has A Meaningful Debt Burden
Mar 25Zhejiang Hechuan Technology Co., Ltd.'s (SHSE:688320) 25% Price Boost Is Out Of Tune With Revenues
Mar 03Analysts Just Slashed Their Zhejiang Hechuan Technology Co., Ltd. (SHSE:688320) EPS Numbers
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688320's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688320's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Zhejiang Hechuan Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688320) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (688320) | 1.1% |
Notable Dividend: 688320's dividend (0.4%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688320's dividend (0.4%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.4%), 688320's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688320 is paying a dividend but the company has no free cash flows.