Hangzhou Cogeneration Group Dividend
Dividend criteria checks 3/6
Hangzhou Cogeneration Group is a dividend paying company with a current yield of 0.78% that is well covered by earnings.
Key information
0.8%
Dividend yield
30%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.160 |
Earnings per share | CN¥0.54 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Returns On Capital At Hangzhou Cogeneration Group (SHSE:605011) Have Hit The Brakes
Jul 29These 4 Measures Indicate That Hangzhou Cogeneration Group (SHSE:605011) Is Using Debt Safely
Jun 25Earnings Not Telling The Story For Hangzhou Cogeneration Group Co., Ltd. (SHSE:605011)
May 21Calculating The Intrinsic Value Of Hangzhou Cogeneration Group Co., Ltd. (SHSE:605011)
Apr 21Hangzhou Cogeneration Group (SHSE:605011) Seems To Use Debt Rather Sparingly
Mar 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605011 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605011 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Hangzhou Cogeneration Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (605011) | 0.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electric Utilities) | 1.4% |
Analyst forecast in 3 Years (605011) | n/a |
Notable Dividend: 605011's dividend (0.78%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 605011's dividend (0.78%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), 605011's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.3%), 605011's dividend payments are well covered by cash flows.