Huagong Tech Dividends and Buybacks
Dividend criteria checks 3/6
Huagong Tech is a dividend paying company with a current yield of 0.42% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.0003%
Buyback Yield
| Total Shareholder Yield | 0.4% |
| Future Dividend Yield | 0.8% |
| Dividend Growth | 11.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000988's dividends per share have been stable in the past 10 years.
Growing Dividend: 000988's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Huagong Tech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000988) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (000988) (up to 3 years) | 0.8% |
Notable Dividend: 000988's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 000988's dividend (0.42%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.4%), 000988's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000988 is paying a dividend but the company has no free cash flows.