Fujian Highton Development Dividends and Buybacks
Dividend criteria checks 2/6
Fujian Highton Development is a dividend paying company with a current yield of 1.1% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.101 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
There Are Some Holes In Fujian Highton Development's (SHSE:603162) Solid Earnings Release
Oct 25
The Returns On Capital At Fujian Highton Development (SHSE:603162) Don't Inspire Confidence
Sep 24These 4 Measures Indicate That Fujian Highton Development (SHSE:603162) Is Using Debt Reasonably Well
Jun 18Fujian Highton Development's (SHSE:603162) Shareholders Have More To Worry About Than Only Soft Earnings
Mar 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603162's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603162's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Fujian Highton Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603162) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Shipping) | 3.4% |
| Analyst forecast (603162) (up to 3 years) | n/a |
Notable Dividend: 603162's dividend (1.1%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603162's dividend (1.1%) 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 (20.5%), 603162's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603162 is paying a dividend but the company has no free cash flows.