Hebei Sinopack Electronic TechnologyLtd Dividends and Buybacks
Dividend criteria checks 1/6
Hebei Sinopack Electronic TechnologyLtd is a dividend paying company with a current yield of 0.49% that is well covered by earnings.
Key information
0.5%
Dividend yield
-9.8%
Buyback Yield
| Total Shareholder Yield | -9.3% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | 42.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.279 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 003031 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 003031's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Hebei Sinopack Electronic TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (003031) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (003031) (up to 3 years) | 1.0% |
Notable Dividend: 003031's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 003031's dividend (0.49%) is low compared to the top 25% of dividend payers in the CN market (2.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20%), 003031's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (110.7%), 003031's dividend payments are not well covered by cash flows.