Fujian Highton Development Co., Ltd.

SHSE:603162 Stock Report

Market Cap: CN¥7.2b

Fujian Highton Development Dividend

Dividend criteria checks 2/6

Fujian Highton Development is a dividend paying company with a current yield of 1.29% that is well covered by earnings.

Key information

1.3%

Dividend yield

31%

Payout ratio

Industry average yield4.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.101
Earnings per shareCN¥0.32
Dividend yield forecastn/a

Recent dividend updates

No updates

Recent updates

These 4 Measures Indicate That Fujian Highton Development (SHSE:603162) Is Using Debt Reasonably Well

Jun 18
These 4 Measures Indicate That Fujian Highton Development (SHSE:603162) Is Using Debt Reasonably Well

Fujian Highton Development's (SHSE:603162) Shareholders Have More To Worry About Than Only Soft Earnings

Mar 28
Fujian Highton Development's (SHSE:603162) Shareholders Have More To Worry About Than Only Soft Earnings

Stability 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
How does 603162 dividend yield compare to the market?
SegmentDividend Yield
Company (603162)1.3%
Market Bottom 25% (CN)0.8%
Market Top 25% (CN)2.8%
Industry Average (Shipping)4.1%
Analyst forecast (603162) (up to 3 years)n/a

Notable Dividend: 603162's dividend (1.29%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).

High Dividend: 603162's dividend (1.29%) is low compared to the top 25% of dividend payers in the CN market (2.76%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.6%), 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.


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