Hangzhou Cogeneration Group Dividends and Buybacks
Dividend criteria checks 3/6
Hangzhou Cogeneration Group is a dividend paying company with a current yield of 0.71% that is well covered by earnings.
Key information
0.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -30.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.160 |
| Payout ratio | 29% |
Recent dividend and buyback updates
No updates
Recent updates
Stability 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) | 0.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electric Utilities) | 1.2% |
| Analyst forecast (605011) (up to 3 years) | n/a |
Notable Dividend: 605011's dividend (0.71%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 605011's dividend (0.71%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 605011's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.8%), 605011's dividend payments are well covered by cash flows.