Hitevision Dividend
Dividend criteria checks 3/6
Hitevision is a dividend paying company with a current yield of 2% that is well covered by earnings. Last payment was on 5th July, 2024 with an ex-dividend date of 5th July, 2024.
Key information
2.0%
Dividend yield
31%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | 05 Jul 24 |
Ex dividend date | 05 Jul 24 |
Dividend per share | n/a |
Earnings per share | CN¥1.37 |
Dividend yield forecast in 3Y | 12.9% |
Recent dividend updates
Recent updates
Hitevision (SZSE:002955) Has Announced That Its Dividend Will Be Reduced To CN¥0.425
Jun 30Hitevision (SZSE:002955) May Have Issues Allocating Its Capital
Jun 26Hitevision (SZSE:002955) Seems To Use Debt Rather Sparingly
Jun 07Fewer Investors Than Expected Jumping On Hitevision Co., Ltd. (SZSE:002955)
May 21Hitevision's (SZSE:002955) Soft Earnings Are Actually Better Than They Appear
May 02Calculating The Intrinsic Value Of Hitevision Co., Ltd. (SZSE:002955)
Apr 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 002955's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 002955's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Hitevision Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002955) | 2.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (002955) | 12.9% |
Notable Dividend: 002955's dividend (2%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002955's dividend (2%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.6%), 002955's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.6%), 002955's dividend payments are well covered by cash flows.