Hexing ElectricalLtd Dividend
Dividend criteria checks 4/6
Hexing ElectricalLtd is a dividend paying company with a current yield of 2.49% that is well covered by earnings.
Key information
2.5%
Dividend yield
52%
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¥2.10 |
Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603556 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603556's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Hexing ElectricalLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603556) | 2.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (603556) | 4.6% |
Notable Dividend: 603556's dividend (2.49%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 603556's dividend (2.49%) is in the top 25% of dividend payers in the CN market (2.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.4%), 603556's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.7%), 603556's dividend payments are well covered by cash flows.