China Railway Harbin Group of Technology Dividend
Dividend criteria checks 3/6
China Railway Harbin Group of Technology is a dividend paying company with a current yield of 1.08% that is well covered by earnings.
Key information
1.1%
Dividend yield
42%
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¥0.24 |
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 688459's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688459's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
China Railway Harbin Group of Technology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (688459) | 1.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (688459) | n/a |
Notable Dividend: 688459's dividend (1.08%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688459's dividend (1.08%) 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 (41.8%), 688459's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.5%), 688459's dividend payments are covered by cash flows.