Hengtong Optic-Electric Dividends and Buybacks
Dividend criteria checks 3/6
Hengtong Optic-Electric is a dividend paying company with a current yield of 0.9% that is well covered by earnings.
Key information
0.9%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 6.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600487's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600487's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hengtong Optic-Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600487) | 0.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Communications) | 1.1% |
| Analyst forecast (600487) (up to 3 years) | 1.6% |
Notable Dividend: 600487's dividend (0.9%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600487's dividend (0.9%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), 600487's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600487 is paying a dividend but the company has no free cash flows.